Studio for sale in Sheffield S1, 0 Bedroom

Sovereign House has undergone an extreme refurbishment and provides 250 apartments to cater for the demand of students who desire premium accommodation in Sheffield.

This studio apartment is fully furnished and contains a fitted kitchen and a sanctified study area. In addition, free WiFi is provided to all residents.

Furthermore, 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 discerning students studying in Sheffield.

Financial Breakdown

Gross rent: £6,120
Ground rent: £250
Service charge: £1,583
Lettings fees: £490
Net income: £3,797
Gross yield: 11.13%
Net yield: 6.9%

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-12089