Studio for sale

£50,000 (£276/sq. ft) Guide price

Queen Street, Sheffield S1

Studio for sale 1 181 sq. ft*
Interested in this property? Call +44 20 8022 7495 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Prime Location
  • Short walk to both universities
  • Close to the city centre
  • Good transport links
  • Porter/security
  • Fully equipped gym
  • Communal lounge and games room
  • Fully tenanted
  • Fully managed investment
  • Over 5% Rental Income

Property description

Earn an immediate income of over 5% net! Presenting a fantastic opportunity to own a tenanted Premium Studio in this Sheffield city centre development - purpose built for the growing student population.

Investors only! Flambard Williams present a fantastic opportunity to own a premium studio apartment in Sheffield city centre, which provides an income of over 5% per year.

Sovereign House is a 250 unit student accommodation building based in Sheffield. The property was completed by Fortis Developments to a very high standard; facilities include a gymnasium, cinema room, communal lounge, cycle storage and laundry facilities.

The ideal location caters to all students who want to live in the heart of the thriving city, as it is just minutes away from shops, restaurants and bars.

Sheffield has a distinct lack of Purpose Built Student Accommodation, which has driven a high rental demand. This coupled with the fact that pbsa is the preferred choice of most students, has meant Sovereign House has been fully occupied since opening in July 2015.

Contact us today and speak with one of our experienced consultants for an informative, no obligation chat about the available apartments and see if they match your needs.

Property info

Property value data/graphs for S1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £236,733 - 2.7 -
Semi-detached £178,659 - 3.0 -
Terraced £123,133 £127 3.1 £153,500
Flats £143,815 £235 1.6 £122,239

Current asking prices in S1

Average: £112,144
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £117,500
(2) 		£150,000
(1) 		- - -
Flats £108,380
(36) 		£152,874
(23) 		- - -
All £108,860
(38) 		£152,754
(24) 		- - -

Current asking rents in S1

Average: £943 pcm
Avg. current asking prices in S1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £659 pcm
(6) 		- £590 pcm
(4) 		£533 pcm
(16) 		£1,430 pcm
(5)
Flats £511 pcm
(84) 		£905 pcm
(57) 		£1,443 pcm
(14) 		£1,626 pcm
(30) 		£1,861 pcm
(17)
All £521 pcm
(90) 		£905 pcm
(57) 		£1,253 pcm
(18) 		£1,246 pcm
(46) 		£1,763 pcm
(22)

Fun facts for S1

Highest value in S1
Highest value streets Zed-Index
Regent Street £249,297
Westfield Terrace £210,790
Holly Street £197,991
Orchard Lane £195,015
Eldon Street £191,448
Highest turnover in S1
Highest turnover streets Turnover
Eyre Lane 33.3%
Holly Street 32.0%
St. Pauls Parade 28.3%
St. Pauls Square 27.8%
Brown Lane 25.0%

* Sizes listed are approximations. Please contact the agent to verify actual sizes.

Arrange Viewing

For more information about this property, please contact
Flambard Williams, CM2 on +44 20 8022 7495 * (local rate)

Monthly running costs Beta

£364 Monthly total

Energy

Gas £18 Electricity £24 Estimated energy cost £42/mo

Similar properties could save up to £226

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6500 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Sheffield

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £9 Sewerage £12 Estimated water cost £21 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Contact Flambard Williams about this property

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Flambard Williams, and do not constitute property particulars. Please contact Flambard Williams for full details and further information. The Running Costs data displayed on this page are provided by Homes24 to give an indication of potential running costs based on various data sources. Homes24 does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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