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Area statsOffers over
£18,0001 bedroom apartment for sale
Queen Street, Sheffield S1
Auction
Added today
Apartment
1 bed
1 bath
Key information
Tenure: Leasehold | 238 yrs left
Ground rent: £281.72 per annum | review period: unconfirmed
Service charge: £2,387.16 per annum
Council tax: Band A
Features and description
- Purpose built student development
- Fully furnished & let ready studio
- For sale by modern method of auction
- High demand rental location
- Ready made investment with tenant in situ
- Immediate rental income from day one
- Low maintenance hands off investment
- Bid today
An excellent opportunity to acquire a well located apartment within the popular Sovereign House development in Sheffield. Offering flexibility for both investors and owner occupiers, this property will be available with vacant possession from 28th February, making it ideal whether you’re looking to generate rental income or secure accommodation for personal use or for a child attending university.
Key Highlights
VACANT POSSESSION FROM 28TH FEBRUARY
CURRENT RENTAL LEVEL £607 PCM
IDEAL INVESTMENT OR OWNER OCCUPIER PURCHASE
PERFECT FOR STUDENT ACCOMMODATION USE
STRONG CITY CENTRE LOCATION
LOW MAINTENANCE APARTMENT
ATTRACTIVE ENTRY LEVEL PRICE POINT
Rental & Investment Potential
The property has been achieving £607 pcm, demonstrating solid rental performance for this type of city apartment. With ongoing demand for centrally located accommodation from students and young professionals, the property offers excellent potential for reliable, consistent returns.
Buyers have the advantage of flexibility you can either:
Relet immediately after completion
Occupy yourself
Secure accommodation for a family member studying locally
The Development
Sovereign House is a well known city development popular with tenants due to its convenient location, accessibility, and practicality. Developments of this type continue to perform well in the rental market due to their affordability and proximity to universities, transport links, and amenities.
Why This Property Stands Out
This is a versatile purchase that appeals to multiple buyer types, which is exactly what supports value and resale demand. Properties offering both investment potential and owner occupier suitability are particularly attractive in the current market.
With possession available shortly, buyers can move quickly and implement their chosen strategy without delay.
Investor / Buyer Summary
Opportunities that combine:
Immediate usability
Proven rental level
City location
Flexible exit strategy are always in high demand.
Whether you are expanding a portfolio, purchasing for a child studying in Sheffield, or securing a centrally located base, Sovereign House represents a smart, strategic purchase.
Enquire today to secure further details or arrange your viewing. Early interest is strongly recommended.
* AUCTION TERMS *
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 77 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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.
SCI260058/2
Key Highlights
VACANT POSSESSION FROM 28TH FEBRUARY
CURRENT RENTAL LEVEL £607 PCM
IDEAL INVESTMENT OR OWNER OCCUPIER PURCHASE
PERFECT FOR STUDENT ACCOMMODATION USE
STRONG CITY CENTRE LOCATION
LOW MAINTENANCE APARTMENT
ATTRACTIVE ENTRY LEVEL PRICE POINT
Rental & Investment Potential
The property has been achieving £607 pcm, demonstrating solid rental performance for this type of city apartment. With ongoing demand for centrally located accommodation from students and young professionals, the property offers excellent potential for reliable, consistent returns.
Buyers have the advantage of flexibility you can either:
Relet immediately after completion
Occupy yourself
Secure accommodation for a family member studying locally
The Development
Sovereign House is a well known city development popular with tenants due to its convenient location, accessibility, and practicality. Developments of this type continue to perform well in the rental market due to their affordability and proximity to universities, transport links, and amenities.
Why This Property Stands Out
This is a versatile purchase that appeals to multiple buyer types, which is exactly what supports value and resale demand. Properties offering both investment potential and owner occupier suitability are particularly attractive in the current market.
With possession available shortly, buyers can move quickly and implement their chosen strategy without delay.
Investor / Buyer Summary
Opportunities that combine:
Immediate usability
Proven rental level
City location
Flexible exit strategy are always in high demand.
Whether you are expanding a portfolio, purchasing for a child studying in Sheffield, or securing a centrally located base, Sovereign House represents a smart, strategic purchase.
Enquire today to secure further details or arrange your viewing. Early interest is strongly recommended.
* AUCTION TERMS *
This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 77 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).
If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.
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.
SCI260058/2
Area statistics
Crime score
High crime
10/10
Home prices (average)
1 bedroom apartments
£116,888
£116,888
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.
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