Affordable city-centre studio with long lease and strong rental prospects for investors..
Guide price £35,000–£40,000; no onward chain
A compact, high-floor studio in the heart of Sheffield city centre offered with a guide price of £35,000–£40,000. The fifth-floor apartment sits in a modern building with lift access, onsite gym, residents’ lounge, communal gardens and 24-hour security — amenities that appeal to both students and young professionals. The property is offered with no onward chain and is already positioned for rental, with an indicative rental of £720 per four weeks.
This open-plan studio is small and efficient: a single living/bed/kitchen area and a separate shower room. The flat is well presented for its type and benefits from long leasehold security (around 244 years remaining). The central Queen Street location places shops, eateries and transport links within easy walking distance, and the universities are accessible for student tenants.
Buyers should note material facts: this is a leasehold flat (ground rent TBC) with an annual service charge of £2,821.08 and slow broadband speeds reported. The local area records higher crime levels than average, which may affect tenant choice and rental premium. The property suits investors seeking a low-entry city-centre let or a student-focused portfolio addition, but purchasers should budget for management costs and ensure broadband upgrades if targeting professional tenants.
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