Studio for sale in Sheffield S1, 0 Bedroom

Sovereign House in Sheffield is ideally located in the centre of the city, surrounded by amenities and only a 10 minute walk away from the train station.

This self-contained studio apartment comprises of a single bed, en-suite bathroom, kitchen, study area, smart TV and storage. Complimentary Wi-Fi is provided to all residents. In addition, all bills are included in the tenant's rent. Residents can also make use of top-of-the-range communal facilities such as the laundry room, entertainment room (including sky TV), games room and a fully equipped gymnasium.

According to the Times Higher Education Survey, Sheffield is 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. There are few better locations for buy-to-let investors looking to expand their portfolio.

Financial Breakdown

Gross rent: £5,940
Ground rent: £250
Service charge: £1,500
Lettings fees: £428
Net income: £3,762
Gross yield: 11.42%
Net yield: 7.23%

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-8950