S1 2FR - Studio flat for sale in Queen Street, Sheffield, S1

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Studio flat for sale in Queen Street, Sheffield, S1

Summary - Queen Street, Sheffield, S1 S1 2FR

1 bed 1 bath Studio

**Standout Features:**
- **Investment Opportunity:** Current tenant in place with a solid rental history.
- **Annual Gross Income:** Currently £7,905, potential to increase to £8,976.
- **Location:** Central Sheffield in a multicultural student neighborhood, close to amenities.
- **Well-Maintained Studio:** Comprises a compact living space with a modern kitchen and three-piece bathroom.

**Concerns:**
- **Crime Rate:** High crime rate in the area; potential investors should consider this aspect.
- **Leasehold Tenure:** Buyers should be aware of the leasehold property term implications.
- **Urban Environment:** Limited outdoor space typical of city living.

**Property Summary:**
This well-maintained studio flat in Sheffield represents a prime buy-to-let opportunity for serious investors looking to enhance their property portfolio. Currently generating an annual income of £7,905 with long-term tenants wishing to remain, the studio features a cozy living space complemented by a modern kitchen and a three-piece bathroom.

Situated in a vibrant multicultural student neighborhood, the property is conveniently located near various amenities, enhancing its desirability as a rental unit amid a highly competitive market. With the potential to increase rental income to £8,976, this is a valuable opportunity not to be missed. Given the urban setting, it’s perfect for those targeting young professionals or students seeking city living. Act now to capitalize on this excellent investment before it slips away!

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