Summary - STUDIO INVESTMENT, Sovereign House, Queen Street, Sheffield, S1 S1 2DW
1 bed 1 bath Flat
Turnkey high‑yield studio near universities with strong management in place.
Eighth-floor studio with large windows and excellent city views
This eighth-floor studio in central Sheffield offers turnkey, purpose-built accommodation aimed at investors or parents letting to students and professionals. The unit is compact and modern, with fitted kitchenette, en-suite shower and large windows delivering excellent city views and natural light. Communal on-site management and lettings services are available, with frequent all-inclusive tenancies that typically cover utilities and Wi‑Fi.
The block provides strong tenant appeal: secure entry, communal gym, lounge rooms and courtyard space help maintain high occupancy in a cosmopolitan student neighbourhood close to local universities and transport links. Projected all-inclusive rents are approximately £550–£750pcm, supporting high-yield returns against the low asking price.
Be clear about the cost and tenure picture: this is a leasehold unit with an annual service charge around £2,037.72 and ground rent about £384 per year. Service charges cover utilities, Wi‑Fi and buildings insurance, but broadband speeds in the area are reported slow and local crime levels are high — factors that may affect some occupiers and insurance or management costs.
Suitable buyers are investors seeking immediate income or parents buying for student use. The flat is move-in ready and fully furnished, but buyers should confirm the sale route (auction status is noted in some information) and review lease length, management agreement and actual recent incomes before purchase.
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