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1 bedroom apartment for sale

Flat 8, Queens House, Queen Street, Sheffield
Apartment
1 bed
1 bath
430
Added > 14 days

Key information

TenureLeasehold | 135 yrs left
Ground rent£200 per annum | review period: unconfirmed
Service charge£991.80 per annum
Council taxAsk agent
Mobile signal
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Features and description

For Sale - Modern One-Bedroom Apartment in the Heart of Sheffield
Flat 8, Queens House, Queens Street, Sheffield, S1 1GN
Guide Price: £110,000
Tenanted | Net Yield: 6% | Ideal Investment or City Home

Property Overview:
Welcome to Queens House, a stylish residential development in the centre of Sheffield, offering contemporary urban living in a superbly connected location.

This one-bedroom apartment (approx. 39.9m²) on the ground floor is currently tenanted on a rolling AST at £750pcm, generating a 6% NET yield. This is a perfect turnkey opportunity for investors.

Finished to a high standard, the apartment features:
*Open-plan living and dining area
*Modern fitted kitchen
*Well-proportioned double bedroom
*Stylish bathroom
*Fully furnished and ready to let or move into
*Development Highlights - Queens House
*Completed: Approx. 2018
*Comprising 99 modern apartments
*Residential use (not student-restricted)
*Managed by MCR Property Group

Location, Location, Location:
Perfectly positioned for both city dwellers and renters, Queens House is just a 5-minute walk to Orchard Square, offering a wide range of shops, cafés, and bars. Entertainment venues like the O2 Academy and Odeon Cinema are also nearby.

With both The University of Sheffield and Sheffield Hallam University within a 15-minute walk, the property also appeals to the student and academic rental market.

Transport links are excellent, with Sheffield Train Station a short stroll away and frequent bus and tram services throughout the city.

Investment Details:
*Price: £110,000
*Tenancy: £750pcm (Rolling AST from 26.04.2024)
*Net Yield: 6%
*Letting Agent: Reeds Rains (10% + VAT)
*Letting Fee: Included in above
*Furniture Included: Yes

Lease & Financials:
*Lease Length: 135 years from 27 January 2017
*Ground Rent: £200 per annum
*Service Charge: £991.80 per annum
*Payment Terms: 100% on exchange/completion

Additional Information:
*Management Company: MCR
*Access for Viewings: Via Reeds Rains
*Agency Agreement: Signed and Commission Agreed
*Floorplans & Photos: Available on request
*Brochure: Available on request

Arrange a Viewing Today
This property is ideal for hands-off investors, first-time buyers, or anyone looking for a stylish base in Sheffield city centre.

Enquire now to receive the full brochure, floorplan, and to arrange a viewing.

Tenure: Leasehold (135 years)
Ground Rent: £200 per year
Service Charge: £991.8 per year

Property information from this agent

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About this agent

Residential Estates - Chester
Residential Estates - Chester
Kinnerton House, Bell Meadow Cuckoos Nest, Pulford CH4 9EP
01244 988842
Full profileProperty listings
Residential Estates is an independent property company that provides unrivalled expertise in UK residential and commercial investments, property management, and sales as well as lettings. Covering all aspects of the property industry, our estate agents and consultants are experts in investment properties, sales, and lettings, this ensures that you are in safe hands with experts available to assist you with your property.  With more than 26 years in the industry, we are associated with the Property Ombudsman for your complete peace of mind.
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