Queen Street, South Yorkshire S1 Studio for sale

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Queen Street, South Yorkshire S1 Studio for sale

Queen Street, South Yorkshire S1
£27,000

Our Summary

  • Key Features:Location: Sovereign House, Sheffield S1Type: Premium Double Bed StudioFurnished: Yes – Sold as SeenTenure: LeaseholdSale Method: Modern Method of AuctionRental Potential:Premium doubles at Sovereign House typically let for £170–£190 per week on 51-week tenancies, offering excellent income potential
  • * AUCTION TERMS *Auctioneer Comments This property is for sale by the Modern Method of Auction
  • This method of auction requires both
  • Sale Method: For sale via modern method of auction (iamsold

Description

This premium double bed studio apartment is situated in the heart of Sheffield city centre, offering an exceptional opportunity for owner-occupiers or investors seeking strong returns. The stylishly furnished apartment features a modern open-plan living, kitchen, and bedroom with integrated appliances, as well as a private en-suite shower room. The property benefits from a range of resident amenities, including a gym, cinema room, laundry facilities, and secure bike storage. With a typical rental potential of £170-£190 per week, this property offers excellent income potential, with a projected return on investment of 13.3% in the first year and 14.9% in the second year. The apartment is being sold via the Modern Method of Auction, with the auctioneer, iamsold Limited, handling the sale.