1 bedroom apartment for sale

Auction Commencing on Monday 24th November at 1pm and ending 24 hours later on Tuesday 25th November at 1pm with Auction House South Yorkshire

Please register to bid via our website - auctionhouse.co.uk/southyorkshire

Turnkey City Centre Studio — Fully Let at £9,360 Per Annum.

An excellent hands-off investment opportunity in the heart of Sheffield city centre. Apartment 214 is a stylish, fully furnished superior studio situated in the highly regarded New Bank House development — a popular choice for young professionals and students.

This contemporary studio offers a bright open-plan living space, a modern fitted kitchen, and a private en-suite shower room. Finished to a high standard with wood-effect flooring, neutral décor, and large windows providing natural light, the apartment combines functionality with modern design.

The building itself offers a superb range of on-site amenities, including:
-Residents’ gym & fitness suite
-Multiple social and study spaces with vibrant décor
-Secure entry and 24/7 CCTV security
-Bike storage facilities

Located just minutes from Sheffield’s universities, hospitals, shopping, and transport links, the property is in a prime rental area with strong ongoing demand.

Current Tenancy:
-Let at £180 per week (£9,360 per annum gross income)
-Strong rental return with ongoing occupancy

Key Investment Highlights:
-Purpose-built student & professional accommodation
-Prime city centre location (S1 postcode)
-Fully furnished & ready to let
-High-quality communal facilities attracting long-term demand
-Secure entry and well-maintained building

This property represents an ideal turnkey investment with immediate income and potential capital growth in one of the UK’s most popular regional cities.

Tenure: Leasehold

EPC Rating: C

Administration Fee: £3600 inc VAT payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.