Flat for sale in Sheffield S1, 1 Bedroom

Sovereign House is a modern student development located in Sheffield. It is the perfect home for students in their second and third years of study as the University campus is unable to provide for everyone, putting developments like Sovereign House in high demand!

Found in the centre of the city and just a 10-minute walk to Sheffield Train Station, Sovereign House is near to all the university buildings and it has all the amenities students could need.

As well as the modern living space, top of the range communal facilities such as the laundry room, entertainment room (including sky TV), games room and fully equipped state-of-the-art gymnasium act as another bonus for students looking to add an extra touch of richness to their university experience.

Sheffield is recognized by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all of the cities bars, restaurants, clubs and other nightlife destinations are within walking distance for residents.

Financial Breakdown

Gross rent: £5,202
Ground rent: £250
Service charge: £1,500
Lettings fees: £499
Net income: £2,953
Gross yield: 8%
Net yield: 4.54%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-11924