Offers over
£20,000
1 bed flat for saleQueen Street, Sheffield, South Yorkshire S1
1 bed
1 bath
1 reception
EPC Rating: D
- Auction
- Leasehold
Reeds Rains - Sheffield City Living
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About this property
Auction
Premium double ground floor studio apartment
Excellent condition throughout
Vacant possession
Immediate occupation or letting opportunity
Open-plan living area with modern kitchenette
On-site amenities include manned reception, gym laundry, study zones & bike store
Managed by student FM
Hassle-free for investors
Potential income circa £7,800 per annum
A reservation fee will apply
Premium Double Ground Floor Studio Apartment
Vacant Possession | Bidding Now Open | Don’t Miss Out
Property Overview
Presenting 007 New Bank House, a stunning double ground floor studio apartment finished to a premium standard and maintained in excellent condition throughout. This property offers a rare opportunity to acquire a stylish and modern city-centre apartment, whether as a personal residence or as an investment. The apartment is being offered with vacant possession, allowing immediate occupation or rental, and is ready for its new owner to enjoy without delay.
The apartment boasts a bright, open-plan living area, complemented by a well-appointed kitchenette and a contemporary shower room. Its ground floor position provides convenient access, while the high-quality finish throughout ensures that it stands out as one of Sheffield’s most desirable studio apartments.
Interior and Amenities
Inside, the open-plan living space has been carefully designed to maximise both comfort and functionality. The kitchenette is equipped with modern appliances, perfect for day-to-day living, while the shower room is sleek and contemporary. Neutral décor throughout makes the space easy to personalise, providing a welcoming and versatile environment.
Residents of New Bank House benefit from a range of on-site amenities that enhance both convenience and lifestyle. A manned reception offers peace of mind, while the laundry facilities and secure bike store make daily life effortless. Those who like to stay active will enjoy the fully equipped gym, and the dedicated study zones provide an ideal space for work or academic pursuits.
Location
Situated in the heart of Sheffield, New Bank House provides easy access to everything the city has to offer. Both Sheffield Hallam University and the University of Sheffield are within walking distance, making this an ideal option for student tenants or young professionals. The location also benefits from a wealth of shops, cafés, restaurants, and bars, as well as excellent public transport connections and proximity to local parks and cultural attractions. Living here combines the vibrancy of city life with convenience and style.
Investment Potential
For investors, this property presents a compelling opportunity. Managed by Student FM, the apartment offers a hassle-free rental experience, with professional management in place to oversee tenants and day-to-day operations. Current projections suggest a potential annual income of around £7,800, reflecting strong rental demand in this popular city-centre location. With low maintenance requirements and high tenant appeal, this apartment represents a secure and attractive investment.
Bidding Now Open – Don’t Miss Out
Properties of this calibre in Sheffield’s city centre are extremely rare. With bidding now open, there is an urgent opportunity to secure this exceptional apartment. Whether you are an investor seeking strong returns or a buyer looking for a stylish, modern city home, 007 New Bank House represents an unmissable opportunity.
*** Auction Terms ***
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.
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
£2,753 per year
Council tax band
A
Ground rent
£284
Ground rent date of next review