£110,000
Queens House, Queen Street, Sheffield, S1
- 1 bed
£110,000
- 1 bed
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Flat 8, Queens House, Queens Street, Sheffield, S1 1GN
Guide Price: £110,000
Tenanted Net Yield: 6% Ideal Investment or City Home
Property Overview:
Welcome to Queens House, a stylish residential development in the centre of Sheffield, offering contemporary urban living in a superbly connected location.
This one-bedroom apartment (approx. 39.9m?) on the ground floor is currently tenanted on a rolling AST at £750 pcm, generating a net yield of 6%, making it a turnkey opportunity for investors.
Finished to a high standard, the apartment features:
*Open-plan living and dining area
*Modern fitted kitchen
*Well-proportioned double bedroom
*Stylish bathroom
*Fully furnished and ready to let or move into
*Development Highlights - Queens House
*Completed: Approx. 2018
*Comprising 99 modern apartments
*Residential use (not student-restricted)
*Managed by MCR Property Group
Location, Location, Location:
Perfectly positioned for both city dwellers and renters, Queens House is just a 5-minute walk to Orchard Square, offering a wide range of shops, caf?s, and bars. Entertainment venues like the O2 Academy and Odeon Cinema are also nearby.
With both The University of Sheffield and Sheffield Hallam University within a 15-minute walk, the property also appeals to the student and academic rental market.
Transport links are excellent, with Sheffield Train Station a short stroll away and frequent bus and tram services throughout the city.
Investment Details:
*Price: £110,000
*Tenancy: £750 pcm (Rolling AST from 26.04.2024)
*Net Yield: 6%
*Letting Agent: Reeds Rains (10% + VAT)
*Letting Fee: Included in above
*Furniture Included: Yes
Lease & Financials:
*Lease Length: 135 years from 27 January 2017
*Ground Rent: £200 per annum
*Service Charge: £991.80 per annum
*Payment Terms: 100% on exchange/completion
Additional Information:
*Management Company: MCR
*Access for Viewings: Via Reeds Rains
*Agency Agreement: Signed and Commission Agreed
*Floorplans & Photos: Available on request
*Brochure: Available on request
Arrange a Viewing Today
This property is ideal for hands-off investors, first-time buyers, or anyone looking for a stylish base in Sheffield city centre.
Enquire now to receive the full brochure, floorplan, and to arrange a viewing.
Tenure: Leasehold (135 years)
Ground Rent: £200 per year
Service Charge: £991.8 per year
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