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£22,000

1 bed flat for sale
Queen Street, Sheffield, South Yorkshire S1

    • 1 bed

    • 1 bath

    • 1 reception

  • EPC Rating: C

  • Auction
  • Leasehold

Reeds Rains - Sheffield City Living

Logo of Reeds Rains - Sheffield City Living

About this property

  • For sale by the modern method of auction

  • Motivated seller

  • Currently tenanted £150PER week

  • Centrally located

  • Tenanted via students or city professionals

  • Available for bidding now

For Sale via Modern Method of Auction
Stylish Premium Studio |

A superb opportunity to acquire a high-quality premium double studio in the ever-popular New Bank House, perfectly positioned in the heart of Sheffield city centre.

This apartment comes furnished and is an ideal choice for owner-occupiers, first-time buyers, or investors looking for strong rental yields in a sought-after location.

Whether you're a student, young professional, or landlord, this property offers low-maintenance living with fantastic on-site amenities and proven rental demand.

At a Glance
Location: New Bank House, Sheffield City Centre

Apartment Type: Premium Studio

Tenure: Leasehold

Furnishings: Sold furnished (as seen)

Sale Type: Modern Method of Auction

Investment Potential
Premium studios in this development typically achieve £150 per week on 51-week contracts, making this a strong hands-off investment.

Resident-Only Amenities
Fully equipped gym

Modern laundry facilities

Secure bike storage

Inviting reception area

Private post room

Inside the Apartment
This open-plan studio offers a sleek, modern aesthetic with:

A well-designed living/sleeping/kitchen area with integrated appliances

Comfortable double bed and contemporary furnishings

Private en-suite shower room with modern fittings

A turn-key city centre property with strong appeal and earning potential — get in touch today to arrange a viewing or register your interest.

**** auction terms ****

Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £349 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.

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.

SCI250248/8

Open Plan Studio Living

En-Suite Shower Room

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More information

  • Tenure

    Leasehold (239 years)

  • Service charge

    £3,762 per year

  • Council tax band

    A

  • Ground rent

    £284

  • Ground rent date of next review

See all recent sales in S1

Property descriptions and related information displayed on this page are marketing materials provided by - Reeds Rains - Sheffield City Living. 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 Reeds Rains - Sheffield City Living for full details and further information.