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Guide price
£20,000

Studio for sale

Apartment 1111, Sovereign House, 110 Queen Street, Sheffield, South Yorkshire S1 2FR
Auction
Added today
Studio
1 bath
Added today

Key information

TenureLeasehold
Council taxAsk agent

Features and description

Auction Commencing on Monday 13th April at 1pm and ending 24 hours later on Tuesday 14th April from 1pm with Auction House South Yorkshire

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

City Centre Studio Investment
Let at £140 per week, £6,760 annually!

A well located, tenanted studio apartment within a modern development in Sheffield city centre, offered for sale as an income producing investment.

The property is currently let on an Assured Shorthold Tenancy at a rent of £140 per week, £6,760 annually, generating an immediate and ongoing income for the purchaser.

The accommodation comprises an open-plan living space incorporating the kitchen and bedroom area, along with a separate shower room. The development is understood to benefit from a range of communal facilities, including reception areas, a residents’ lounge, gym, and laundry room, contributing to its popularity with tenants.

Key Investment Highlights:

Tenanted and income-producing
Rent: £650 per calendar month
Central city location
Modern purpose-built development
Suitable for buy-to-let investors

Tenure: Leasehold

EPC Rating: D

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.

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Area statistics

Crime score
High crime
10/10
Home prices (average)
Studios
£48,154

About this agent

Auction House - South Yorkshire
Auction House - South Yorkshire
Blades Enterprise Centre John Street Sheffield, South Yorkshire S2 4SW
0114 488 7177
Full profileProperty listings
Auction House South Yorkshire is the areas up and coming auctioneer, our office is centrally located in Sheffield at Bramall Lane and we service the major population centres in and around Sheffield, Rotherham, Chapeltown and Barnsley, as well as into the edges of the beautiful Peak District. We specialise in the sale of all types of residential properties, vacant or tenanted, and we offer land and commercial lots too. Sale by auction has always been popular and successful in the area, and we can assist with your valuation requirements too. Our service is speedy, personal and professional – call us any time and we would be delighted to assist.
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