A studio apartment in the heart of Sheffield is being auctioned off by Auction House South Yorkshire, with the bidding process commencing on January 12th and ending on January 13th. The property is currently let and generating a gross rental yield of £675 per month, or £6,100 per annum, making it an attractive investment opportunity. The apartment is located near Sheffield Hallam University, the train station, and the city's retail and leisure areas, which ensures consistent rental demand. The property is leasehold for 200 years, with 188 years remaining, and has an EPC rating of C. A £3,600 administration fee, inclusive of VAT, will be payable on exchange of contracts, and any disbursements listed in the legal pack may also be payable by the buyer on completion.