Studio for sale in Sheffield S1, 1 Bedroom

Sovereign House underwent an expanded refurbishment and provides 250 apartments to cater for the demand of students who wish for opulent accommodation in Sheffield.

This premium studio apartment is fully furnished and incorporates a fitted kitchen and a dedicated study area. In addition, free Wi-Fi is provided to all residents and all bills are inclusive for residents!

Furthermore, high level 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 enquiring students studying in Sheffield.

Sovereign House is perfectly located in between Sheffield’s two universities and the main city train station and the Supertram system.

Sheffield is recognised by the Times Higher Education Survey as the number one city in the UK for student satisfaction and all amenities are within walking distance.

Financial Breakdown

Gross rent: £4,752
Ground rent: £250
Service charge: £1,500
Lettings fees: £624
Net income: £2,378
Gross yield: 7.92%
Net yield: 3.96%

Important Note To Purchasers

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-11893