1 bed flat for sale

Apartment 214 New Bank House, Sheffield, South Yorkshire S1

For sale by online auction on Tuesday, 28 Oct 2025 ending at 13:10

Turnkey City Centre Studio - Fully Let at £9,360 Per Annum

An excellent hands-off investment opportunity in the heart of Sheffield city centre. Apartment 214 is a stylish, fully furnished superior studio situated in the highly regarded New Bank House development - a popular choice for young professionals and students.

This contemporary studio offers a bright open-plan living space, a modern fitted kitchen, and a private en-suite shower room. Finished to a high standard with wood-effect flooring, neutral décor, and large windows providing natural light, the apartment combines functionality with modern design.

The building itself offers a superb range of on-site amenities, including:

-Residents’ gym & fitness suite

-Multiple social and study spaces with vibrant décor

-Secure entry and 24/7 CCTV security

-Bike storage facilities

Located just minutes from Sheffield’s universities, hospitals, shopping, and transport links, the property is in a prime rental area with strong ongoing demand.

Current Tenancy:

-Let at £180 per week (£9,360 per annum gross income)

-Strong rental return with ongoing occupancy

Key Investment Highlights:

-Purpose-built student & professional accommodation

-Prime city centre location (S1 postcode)

-Fully furnished & ready to let

-High-quality communal facilities attracting long-term demand

-Secure entry and well-maintained building

This property represents an ideal turnkey investment with immediate income and potential capital growth in one of the UK’s most popular regional cities.Tenure: LeaseholdEPC Rating: C

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Additional Fees
Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.