Studio for sale
Sovereign House, Queen Street, Sheffield S1
£55,000
Property Listing Details
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Property details
Listing view statistics
Last 30 days: 59 page views
Since listed: 1471 page views
Description
Sovereign House underwent an expanded refurbishment and provides 250 apartments to cater for the demand of students who wish for opulent accommodation in Sheffield.
This premium studio apartment is fully furnished and incorporates a fitted kitchen and a dedicated study area. In addition, free Wi-Fi is provided to all residents and all bills are inclusive for residents!
Furthermore, high level communal facilities such as the laundry room, entertainment room (including sky TV), games room and fully equipped state-of-the-art gymnasium act as another bonus for enquiring students studying in Sheffield.
Sovereign House is perfectly located in between Sheffield’s two universities and the main city train station and the Supertram system.
Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all amenities are within walking distance.
Financial Breakdown
Gross rent: £6,120
Ground rent: £250
Service charge: £1,684
Lettings fees: £588
Net income: £3,598
Gross yield: 11.13%
Net yield: 6.54%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-11893
This premium studio apartment is fully furnished and incorporates a fitted kitchen and a dedicated study area. In addition, free Wi-Fi is provided to all residents and all bills are inclusive for residents!
Furthermore, high level communal facilities such as the laundry room, entertainment room (including sky TV), games room and fully equipped state-of-the-art gymnasium act as another bonus for enquiring students studying in Sheffield.
Sovereign House is perfectly located in between Sheffield’s two universities and the main city train station and the Supertram system.
Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all amenities are within walking distance.
Financial Breakdown
Gross rent: £6,120
Ground rent: £250
Service charge: £1,684
Lettings fees: £588
Net income: £3,598
Gross yield: 11.13%
Net yield: 6.54%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-11893
You could get
Superfast broadband
Up to 100 Mbps (Source: Ofcom)
Links for this property
Map & Nearby
Local Amenities
- Sheffield 0.6 miles
- Darnall 2.5 miles
- Netherthorpe Primary School 0.4 miles
- Springfield Primary School 0.6 miles
Market stats
Sale activity
Average estimated value for a flat in S1:
- £139,562
-
Price increase
- £1,848
- (1.342%)
- Over the last 12 months
In the last 12 months
-
Average sale price
£119,902 -
Properties sold
64
Rental opportunities
Looking for an investment? The average rent for a 1 bedroom flat in S1 is currently:
£529 pcmRecent sales nearby
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18th Oct 2019
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Flat
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8th Oct 2019
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Flat
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2nd Oct 2019
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Flat
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Estimated running costs
Based on available 3rd party data
Approximate costs
£
per month
- Mortgage £ p/m
- Energy from £44 p/m
- Water from £21 p/m
- Council tax £111 p/m
- Home insurance Not known
Mortgage calculator
£ per month
How much could I borrow?
In partnership with
Your home or property may be repossessed if you do not keep up repayments on your mortgage.
These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.
The Developer
Price history
Sold prices provided by Land Registry
5th Dec 2019
£55,000
Price reduced by £5,000
9th Jul 2018
£60,000
First listed
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Property descriptions and related information displayed on this page are marketing materials provided by Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.
