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Studio for sale

£64,995 (£325/sq. ft) Offers over

Queen Street, Sheffield S1

1 1 200 sq. ft*

Images may include optional upgrades at additional cost

Interested in this property? Call +44 20 8022 7495 * or

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • On street/residents parking
  • Central heating
  • Double glazing
  • Porter/security
  • Fully equipped gym
  • Communal lounge and games room
  • Lift access
  • Fully tenanted and managed
  • Over 7% Rental Income

Property description

Investors only!

Flambard Williams present a fantastic opportunity to own a premium studio apartment in Sheffield city centre, which provides an income of over 7% per year.

Sovereign House is a 250 unit student accommodation building based in Sheffield. The property was completed by Fortis Developments to a very high standard; facilities include a gymnasium, cinema room, communal lounge, cycle storage and laundry facilities.

The ideal location caters to all students who want to live in the heart of the thriving city, as it is just minutes away from shops, restaurants and bars. Sheffield has a distinct lack of Purpose Built Student Accommodation, which has driven a high rental demand. This coupled with the fact that pbsa is the preferred choice of most students, has meant Sovereign House has been fully occupied since opening in July 2015.

Contact us today and speak with one of our experienced consultants for an informative, no obligation chat about the available apartments and see if they match your needs.
Floorplan(s): Floorplan 1 Floorplan 2

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Market activity
Average price paid £132,273 Sales 76 Current average value £143,921 (Zoopla Zed-Index) Value change £2,621 ▲ 1.85%

Property value data/graphs for S1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £223,844 - 2.7 -
Semi-detached £168,178 - 3.0 -
Terraced £115,414 - 3.1 £127,000
Flats £144,324 £229 1.6 £131,084

Current asking prices in S1

Average: £129,196
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £99,950
(1)
- - - -
Flats £103,547
(65)
£159,955
(47)
- - -
All £103,493
(66)
£159,955
(47)
- - -

Current asking rents in S1

Average: £708 pcm
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £589 pcm
(1)
£899 pcm
(4)
£1,040 pcm
(2)
£831 pcm
(7)
£490 pcm
(4)
Flats £623 pcm
(79)
£808 pcm
(51)
£802 pcm
(3)
£705 pcm
(5)
£922 pcm
(7)
All £623 pcm
(80)
£815 pcm
(55)
£897 pcm
(5)
£779 pcm
(12)
£765 pcm
(11)

Fun facts for S1

Highest value in S1
Highest value streets Zed-Index
Regent Street £240,076
Westfield Terrace £207,160
Holly Street £194,674
Orchard Lane £188,158
Eldon Street £187,621
Highest turnover in S1
Highest turnover streets Turnover
Leadmill Street 33.3%
Brown Lane 33.3%
Eyre Lane 31.8%
St. Pauls Square 31.2%
Holly Street 28.0%

What Zoopla users think of Sheffield

Overall rating:

  • currently 4 stars
Very good - 79% (713 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4 stars
Entertainment & nightlife
  • currently 4 stars
Parks & recreation
  • currently 4 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

Rate Sheffield:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Sheffield (0.5 miles)
  • Darnall (2.5 miles)
  • Meadowhall (3.2 miles)
  • Robin Hood Airport (20.2 miles)
  • Manchester International Airport (33.3 miles)
  • Leeds Bradford International Airport (34.2 miles)
  • Hull Ferry Terminal (55.1 miles)
  • Liverpool Pier Head Ferry Terminal (63.0 miles)
  • Liverpool Isle of Man & Dublin Terminal (63.1 miles)

Nearby schools

View all schools in Sheffield
  • Netherthorpe Primary School (0.5 miles)
  • Springfield Primary School (0.6 miles)
  • Pye Bank CofE Primary School (0.6 miles)
  • Longley Park Sixth Form College (2.5 miles)
  • Chapeltown Academy (4.6 miles)
  • Shelley College (16.4 miles)
  • Seven Hills School (0.9 miles)
  • All Saints' Catholic High School (0.9 miles)
  • Heritage Park School (1.0 mile)
Note: Distances are straight line measurements

Local info for Sheffield

About the neighbours in S1

AskMe Q&A for Sheffield

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* Sizes listed are approximations. Please contact the agent to verify actual sizes.

For more information about this property, please contact
Flambard Williams, CM2 on +44 20 8022 7495 * (local rate)

Monthly running costs Beta

£427 Monthly total

Mortgage

Purchase price
Deposit (10%) 6,499
Repayment term 25
Interest rate 1.5
Your payment £233 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £18/mo (£220/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £21 Electricity £23 Estimated energy cost £44/mo

Similar properties could save up to £168

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sheffield

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Flambard Williams about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Flambard Williams, and do not constitute property particulars. Please contact Flambard Williams for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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