£28,000
1 bed flat for saleStudio Investment, New Bank House, Queen Street, Sheffield S1
1 bed
1 bath
1 reception
EPC Rating: C
- Auction
Dales & Shires
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About this property
1 bed studio unit. Spacious (240sqft). Second floor (lift and stairs).
Suitable for students and professional occupants. Close to Uni.
Fully managed on-site lettings service available.
High yield returns for investors or parents.
Secure keyfob access. On-site communal gym, lounge rooms and courtyard facilities.
Normally let including all bills and wi-fi (excluding council tax - band A).
Current rent £556pm (inc bills) with scope to increase in the future.
Block management service charges for 2025-26 are £200 per month. Ground rent: £32 per month (approx.).
Available for immediate purchase (not an auction!).
Service charge includes all utilities! (Electric, heating, wifi, water, buildings insurance).
Excellent value high yield investment – Suitable for letting to professional or student tenants. Currently let at £566pm. Ideal for student parents or investors, or an owner occupier. Spacious (240sqft) 2nd floor studio unit with single bed, kitchenette, study area and en-suite shower room. Modern accommodation, with excellent communal facilities (including a gym!). Central Sheffield position. Furnished and fully managed.
General Description
Dales & Shires Estate Agents are very pleased to offer for sale this excellent value investment property. Available to cash buyers only, this is an ideal opportunity to purchase a high yielding investment (currently let at £556pm), which is fully furnished and fully managed. Suitable for student and professional occupants, it may equally be of interest to investors or parents of students studying in Sheffield. Situated in the centre of Sheffield, ideally placed for amenities, shops, leisure, transport links and the university facilities. Features include: Modern fixtures, fitted kitchenette, electric heating, decent insulation levels, study space and access to on-site communal facilities (including a gym, lounge and outside space). We anticipate this property will appeal to a variety of buyers and investors and we advise an early viewing to appreciate the location, value and investment opportunity.
Property Summary
This is a mid-sized (240sqft), furnished, open-plan studio flat. The accommodation comprises a fitted kitchenette area, study desk, single bed and seating space. There is a separate en-suite shower room.
Location
Ideally located within the centre of Sheffield, with almost immediate access to shops, amenities, transport links, bars, cafes and restaurants. The city of Sheffield is popular with residents, professionals and students, and the wider city offers a comprehensive array of facilities for sports, leisure, eating, nights out. There is also a long and rich local history, with many attractive period buildings in the city. Meadowhall is within easy reach, offering a wide choice of shopping, leisure and food/drink venues. For those keen to enjoy the outdoors, there are several parks within the city, as well as the much-loved Peak District National Park nearby. Other options for days out include visits to Chesterfield, Bakewell, Matlock and Chatsworth House.
Directions
Sat Nav location: S1 2FA.
Ground Floor
Communal entrance with secure access system. Spacious and fully equipped communal lounge/social areas and access to the high-quality gym. Lifts and stairs to upper floors.
Second Floor:
Private entrance into the studio. The studio space is fully furnished and has a single bed, study area with desk, kitchenette and en-suite shower room. The kitchenette is equipped with a hob, fridge/freezer and sink. The en-suite has a sink, toilet and shower cubicle. The main space has double glazed windows and there is electric heating.
Communal Facilities:
A part of the all-inclusive rental package, occupants have use of the on-site gym, social spaces and courtyard.
Agent’s Notes
The monthly service charge includes electric, heating, water rates and Wi-Fi. Therefore, the main extras would be a TV license and council tax (if occupied by a non-student). The studio is currently let at £556pm, but higher future rents are likely to be possible (other similar ones have recently been let at £650pm+). To book a viewing, to ask any questions, or to make an offer, you are very welcome to contact us 7 days a week by phone or email. We are the exclusive selling agent for this property. Viewings are by appointment only.
Like Our Details? Thinking Of Selling?
If you’re selling a property, we would love to hear from you. We have over 25 years of experience, and can handle any type of residential property and land. We have particular expertise in selling period property, individual homes, niche, lifestyle and specialist properties (e.g. Equestrian, Grade II listed, rural, guest houses, land and coastal). Please call us for a friendly initial chat about our services and how we can help with selling your own property.
Where We Cover:
Dales & Shires is an independent and specialist estate agency, covering a very large geographical area. We sell successfully throughout the UK, and can assist clients with properties in all types of location, from Central London, cities and towns, to rural villages, hamlets and coastal areas.
Our Service & Fees:
We provide a very personal and dedicated service to our clients. We offer free valuations and marketing advice, without a pushy sales pitch. We are straight talking, straight forward, and we provide clients with a pleasant and transparent service. Our sales fee is competitive (typically 1%+VAT) and we work on a ‘no-sale no-fee’ basis, with no long contract tie-ins and no hidden extra charges. Clients enjoy exceptional marketing, successful sales and a friendly service from our very experienced and dedicated staff. Call us or visit our website for further details. To view this property, or to arrange a free valuation appraisal of your own property, you can contact us 7 days a week.
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