Guide price
£60,000
1 bed flat for saleSovereign House, Queen Street S1
1 bed
1 bath
1 reception
EPC Rating: D
- Leasehold
Hunters - Hillsborough
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About this property
Investment opportunity
Students and young professionals welcome
One bedroomed apartment
Fully managed service contracted to 2027
Excellent resident facilities
Gym, cinema room and communal lounge
In the heart of sheffield city centre
EPC rating D
*****Guide Price £60,000 - £70,000******
Hunters Hillsborough present a fantastic investment opportunity to purchase a first floor one bedroomed apartment in the popular Sovereign House development, renowned for offering investors a strong rental income. The current rental income is £220 per week managed via Xenia Lettings who are contracted to the property until 2027. This luxury accommodation welcomes students and young professionals and is fully furnished throughout with a double bed, dining room table and chairs, sofa and desk included. The kitchen area has a microwave, fridge and an electric hob. En suite shower room with shower cubicle, W/C and sink basin. Residents can enjoy the thoroughly modern decor throughout the building and a range of exceptional communal facilities including a gymnasium, a games room, a cinema room, laundry facilities and communal lounges. Free WiFi and sky TV are included in the service charge. Investors can have peace of mind that the experienced management company who look after the apartments and tenants are always on hand for any queries. The building is ideally placed in the centre of Sheffield with a wealth of bars, restaurants and shops on your doorstep as well as being within walking distance to the University of Sheffield, Sheffield Hallam and the Hallamshire Hospital.
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More information
Tenure
Leasehold (239 years)
Service charge
£3,876 per year
Council tax band
A
Ground rent
£386
Ground rent date of next review