Studio for sale in Sheffield S1, 0 Bedroom

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

Located in the centre of the city and just a 10 minute walk to Sheffield Train Station, Sovereign House is close to all the university buildings and amenities students could need.

This premium self-contained studio benefits from a bed, en-suite bathroom, kitchen, study area, smart TV and storage. Free WiFi is provided to all residents and all bills are inclusive for residents! 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 luxury to their university experience.

Sheffield is recognised 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.

The economy also within Sheffield is booming and continues to develop at a rate of 5% each year. As Sheffield has become a very desirable place to live and work in the last few years, a demand for property has increased, making now the perfect time to invest!

It is no surprise that the city has recently become one of the uk’s most treasured property investment hotspots.

Please note: Images shown are of a show apartment and may not be representative of the property for sale.

Financial Breakdown

Gross rent: £4,335
Ground rent: £250
Service charge: £1,476
Lettings fees: £305
Net income: £2,304
Gross yield: 6.42%
Net yield: 3.41%

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-12874