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Property Listing Details

Property details

  • 1 bathroom

Listing view statistics

Last 30 days: 35 page views

Since listed: 1165 page views

Description

Sovereign House has undergone an extensive refurbishment and provides 250 apartments to cater for the demand of students who desire luxury accommodation in Sheffield.

This premium studio apartment is fully furnished and contains a fitted kitchenette and a dedicated study area. In addition, free WiFi is provided to all residents and all bills are inclusive for residents!

Additionally top of the range 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 discerning students studying in Sheffield.

Sovereign House is perfectly placed equidistant 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 of the cities bars, restaurants, clubs and other nightlife destinations are within walking distance for residents.
With the high demand for accommodation in the area and, great yields this opportunity of investment is not to be missed!

Financial Breakdown

Gross rent: £5,610
Ground rent: £250
Service charge: £1,684
Lettings fees: £769
Net income: £2,907
Gross yield: 12.47%
Net yield: 6.46%

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-10076

You could get

Superfast broadband Superfast broadband

Up to 100 Mbps (Source: Ofcom)

Map & Nearby

Local Amenities

  • Sheffield 0.6 miles
  • Darnall 2.5 miles
  • Netherthorpe Primary School 0.5 miles
  • Springfield Primary School 0.6 miles

Local map of the area

Map and Street View Map showing location of property

Local Amenities

  • Sheffield 0.6 miles
  • Darnall 2.5 miles
  • Netherthorpe Primary School 0.5 miles
  • Springfield Primary School 0.6 miles

Market stats

Sale activity

Average estimated value for a flat in S1:

  • £143,815
  • Price decrease

  • -£2,727
  • (-1.861%)
  • Over the last 12 months

In the last 12 months

  • Average sale price

    £122,239
  • Properties sold

    66

Rental opportunities

£598 pcm

Recent sales nearby

See all recent sales in S1
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Estimated running costs

Based on available 3rd party data

Mortgage calculator

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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
27th Jun 2019 £50,000 Price reduced by £7,500
21st Feb 2019 £57,500 Price reduced by £2,500
16th Jan 2019 £60,000 Price reduced by £2,500
25th Sep 2018 £62,500 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.