No longer on the market
This property is no longer on the market
Floorplan
MapStudio
Auction
Reduced
Studio
1 bath
215
EPC rating: C
Key information
Tenure: Leasehold | 239 yrs left
Ground rent: £283.52 per annum | review period: unconfirmed
Service charge: £1,831.92 per annum
Council tax: Band A
Features and description
- Type: Premium double studio apartment
- Rental Income: Typically generates £170–£190 per week (based on 51-week tenancies)
- Furnishings: Fully furnished
- Sale Method: For sale via modern method of auction (iamsold.co.uk – reservation fees apply)
Auction End Date- 27TH November 2:00PM
For Sale via Modern Method of Auction
Premium Double Studio Apartment | Sovereign House, 110 Queen Street, Sheffield, S1 2FP
An exceptional opportunity to own a stylish premium double bed studio in Sovereign House, right in the heart of Sheffield city centre. This smartly furnished apartment is ideal for owner-occupiers or investors seeking strong returns in a prime location.
Whether you’re a student, young professional, or landlord looking for a hassle-free investment, this apartment ticks all the boxes — excellent design, fantastic resident amenities, and impressive rental potential.
Key Features:
Location: Sovereign House, Sheffield S1
Type: Premium Double Bed Studio
Furnished: Yes – Sold as Seen
Tenure: Leasehold
Sale Method: Modern Method of Auction
Rental Potential:
Premium doubles at Sovereign House typically let for £170–£190 per week on 51-week tenancies, offering excellent income potential.
Rental Income Analysis (RIA):
Year 1 (Based on £170/week): £8,670 | ROI: Approx. 13.3%
Year 2 (Based on £190/week): £9,690 | ROI: Approx. 14.9%
(ROI based on typical guide prices and gross yields – for indicative purposes only.)
Resident Amenities:
Enjoy exclusive access to a full suite of on-site facilities designed for comfort, convenience, and community:
Fully equipped residents’ gym
Cinema room for movie nights and social events
Laundry facilities
Secure bike storage
Welcoming reception area
Dedicated post room
Accommodation Details:
Open-plan living/kitchen/bedroom with integrated appliances, featuring modern décor and a double bed
Private en-suite shower room with contemporary fixtures and finishes.
* 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.
SCI250182/2
For Sale via Modern Method of Auction
Premium Double Studio Apartment | Sovereign House, 110 Queen Street, Sheffield, S1 2FP
An exceptional opportunity to own a stylish premium double bed studio in Sovereign House, right in the heart of Sheffield city centre. This smartly furnished apartment is ideal for owner-occupiers or investors seeking strong returns in a prime location.
Whether you’re a student, young professional, or landlord looking for a hassle-free investment, this apartment ticks all the boxes — excellent design, fantastic resident amenities, and impressive rental potential.
Key Features:
Location: Sovereign House, Sheffield S1
Type: Premium Double Bed Studio
Furnished: Yes – Sold as Seen
Tenure: Leasehold
Sale Method: Modern Method of Auction
Rental Potential:
Premium doubles at Sovereign House typically let for £170–£190 per week on 51-week tenancies, offering excellent income potential.
Rental Income Analysis (RIA):
Year 1 (Based on £170/week): £8,670 | ROI: Approx. 13.3%
Year 2 (Based on £190/week): £9,690 | ROI: Approx. 14.9%
(ROI based on typical guide prices and gross yields – for indicative purposes only.)
Resident Amenities:
Enjoy exclusive access to a full suite of on-site facilities designed for comfort, convenience, and community:
Fully equipped residents’ gym
Cinema room for movie nights and social events
Laundry facilities
Secure bike storage
Welcoming reception area
Dedicated post room
Accommodation Details:
Open-plan living/kitchen/bedroom with integrated appliances, featuring modern décor and a double bed
Private en-suite shower room with contemporary fixtures and finishes.
* 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.
SCI250182/2
Rooms
Living / Kitchen / Bedroom
En-suite Shower Room
Property information from this agent
About this agent
Reeds Rains has over 100 branches across the UK. Established in 1868 Reeds Rains has over 150 years of sales and lettings expertise. The network of local high street branches pride themselves on their professionalism and their no nonsense approach to selling and letting property. Using the best traditional and online methods Reeds Rains focusses on getting the job done.