Guide price
£63,000
Studio for saleQueens House, 105 Queen Street, City Centre, Sheffield S1
1 bath
1 reception
EPC Rating: C
- Auction
- Leasehold
Belvoir - Sheffield
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About this property
Sold via Modern Method of Auction
Net Yield of 9%
Currently Let until March 2026
City Centre Location
Great Investment Opportunity
Ground Floor Studio
EPC Rating C
EWS1 Compliant
*Auction end date : Tba*
Belvoir Sheffield are pleased to bring to the market this ground floor studio with tenant in situ until March 2025 with rental income of £7200 per annum. Located in the heart of Sheffield City Centre within walking distance of the universities and hospitals it would make a great first investment property or be a fantastic addition to a current rental portfolio.
*EWS1 compliant with B1 Rating*
The property features a modern fitted kitchen with integrated combi microwave, two-ring hob and washer. The studio has a separate bathroom consisting of bath with shower over, W.C., sink and chrome towel rail. There is a secure intercom system near the entrance door and a storage cupboard housing the water cylinder.
Great city centre location close to shops, bars and restaurants, the property always rents out well.
Tenant in Situ paying £600 per month until March 2026.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
EPC rating: C.
Additional Information
*130 years left on lease *Service Charge approx £760 per annum *Ground Rent £200 per annum *Council Tax Band A *As advised by sellers
Disclaimers And Advice
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, including but not limited to heating, plumbing or electrical systems and any appliances (if included in the sale) listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation. If you already have or are considering purchasing a property to let, please contact us for specialist advice
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More information
Tenure
Leasehold (127 years)
Service charge
£760 per year
Council tax band
A
Ground rent
£200
Ground rent date of next review