Offers over
£25,000
1 bed flat for saleQueen Street, Sheffield, South Yorkshire S1
1 bed
1 bath
EPC Rating: C
- Auction
- Leasehold
Reeds Rains - Sheffield City Living
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About this property
Investor Opportunity
Smart studio
En-suite shower room
Generating £598PCM income
12 month tenancy from 01/25
Good condition throughout
Register to bid on
For sale by modern method of auction
Reservation fees will apply
* calling all investors *
Luxurious Studio Apartment in Sovereign House, Sheffield
Welcome to Sovereign House, where modern living meets convenience in the heart of Sheffield. This exclusive studio apartment, Unit 1015, is now available for sale through a modern method auction with an incredibly enticing starting bid of just £33,000
Property Highlights:
Location: Queen Street, Sheffield
Type: Single Studio Apartment
Features: Fitted Kitchen, Bedroom & Study Area, En-suite Shower Room
On-site Amenities: Gym, Laundry Facilities, Study Areas
Property Features:
Stylish Living Space:
Well-designed open-plan layout offering a comfortable living and study area.
Fitted kitchen equipped with modern appliances for your convenience.
Bedroom Retreat:
En-suite Shower Room:
Modern en-suite bathroom for your privacy and convenience.
On-site Amenities:
Gym: Stay fit with the on-site gym facilities.
Laundry: Convenient laundry services for residents.
Study Areas: Ideal spaces for productive work or study sessions.
Investment Opportunity:
Income-generating of £598pcm.
Perfect for investors or those looking to enter the property market.12 month tenancy from January 2025.
Convenient Location:
Located on Queen Street, Sovereign House is situated in the heart of Sheffield.
Close proximity to local amenities, entertainment options, and public transportation.
Call Today for an Immediate Viewing!
Don't miss out on the opportunity to own this fantastic studio apartment in Sovereign House. Call today to schedule an immediate viewing and discover the charm and convenience of Apartment 1015. Whether you're an investor or looking for a stylish urban retreat, this property is not to be missed!
**** auction terms ****
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
Important Note to Potential Purchasers & Tenants:
We endeavour to make our 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. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller. Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
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More information
Tenure
Leasehold (239 years)
Service charge
£2,783 per year
Council tax band
A
Ground rent
£282
Ground rent date of next review