Summary - Queen Street, Sheffield, South Yorkshire, S1 S1 2DW
1 bed 1 bath Studio
Low-cost city-centre studio close to both universities — long lease, repair/upgrades needed..
Long lease (238 years) — low tenure risk
Ideal central location, minutes from both Sheffield universities
Studio layout with kitchenette and contemporary bathroom
Low asking price at £35,000 — strong entry-level investment
Heating via electric room heaters — potentially higher running costs
Slow broadband speeds — may deter some tenants or require upgrade
High local crime rate — consider managed tenancy or security measures
Built early 1990s; double glazing present, install date unknown
This compact studio flat in central Sheffield offers straightforward city-centre accommodation close to both universities and local amenities. The open-plan layout provides a bright living area with a kitchenette and a contemporary bathroom — a low-maintenance option for short-term lets or a student tenant.
The building sits within easy walking distance of shops, cafés, bars and transport links, making it attractive for students and professionals who prioritise location. A long lease (238 years remaining) reduces long-term tenure risk and keeps upfront purchase costs low at £35,000.
Be clear about the practical limitations: heating is by electric room heaters and the property relies on electricity rather than a communal system, which can mean higher running costs. Broadband speeds are reported as slow, and the local area records higher-than-average crime levels — factors that will affect rental appeal and tenant selection.
For investors or first-time buyers seeking a low-cost city-centre entry, this studio offers immediate let-ready potential with minimal refurbishment required. Buyers should budget for improved connectivity, consider heating upgrades, and assess management needs due to the neighbourhood crime profile.
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