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Leasehold
£42,000
Studio for sale
Sovereign House, Silver Street, Sheffield City Centre S11 bath
1 reception
EPC rating: C
Local area information
Property location
Nearby amenities
- Netherthorpe Primary School 0.5 miles
- Springfield Primary School 0.6 miles
- Sheffield 0.6 miles
- Darnall 2.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Sheffield to find out more about the local area.
Features and description
- Leasehold
- Invest in hands off premium student accommodation
- Generate a high yield from completion
- Self contained studio apartment
- Ensuite and kitchenette
- Popular development
- Unrivalled onsite amenities
- Perfect location to invest
- High student population and tenant demand
Sovereign House, Silver Street, Sheffield City Centre, S1 2Fp
This luxury student accommodation is fully furnished and thoroughly modern, including a bathroom and a fitted kitchen area. Residents can enjoy the exceptional communal facilities on offer with a gymnasium, a games room, a cinema room and communal lounges. In addition, residents have access to free WiFi and sky TV as well as the opportunity to take part in social events organised by the experienced management company who look after the apartments and tenants on behalf of the investor.
Sovereign House is located in the centre of Sheffield less than half a mile from both The University of Sheffield and Sheffield Hallam. This ideal location caters to all students who want to live in the heart of the thriving city as it is only minutes away from shops, restaurants and bars. Sheffield is a beautiful city which is very attractive to students from around the world looking for a top class university experience in an affordable and friendly city.
Sheffield's economy is booming, and continues to develop at a rate of 5% each year. Sheffield has become a very desirable place to live and work in the last few years, a the demand for property has increased, making now the perfect time to invest! It is no surprise that the city has recently become one of the UK's most treasured property investment hotspots for student accommodation!
Please note: The figures are based on a provisional booking for the next academic term. The service charge figures are for the year 2023/2024 and are due to be reviewed in September and therefore this could be subject to change.
Financial Breakdown
Gross Rent: £7,140.00
Net income: £3,511.04
Gross yield: 17%
Net yield: 8.36%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07805
This luxury student accommodation is fully furnished and thoroughly modern, including a bathroom and a fitted kitchen area. Residents can enjoy the exceptional communal facilities on offer with a gymnasium, a games room, a cinema room and communal lounges. In addition, residents have access to free WiFi and sky TV as well as the opportunity to take part in social events organised by the experienced management company who look after the apartments and tenants on behalf of the investor.
Sovereign House is located in the centre of Sheffield less than half a mile from both The University of Sheffield and Sheffield Hallam. This ideal location caters to all students who want to live in the heart of the thriving city as it is only minutes away from shops, restaurants and bars. Sheffield is a beautiful city which is very attractive to students from around the world looking for a top class university experience in an affordable and friendly city.
Sheffield's economy is booming, and continues to develop at a rate of 5% each year. Sheffield has become a very desirable place to live and work in the last few years, a the demand for property has increased, making now the perfect time to invest! It is no surprise that the city has recently become one of the UK's most treasured property investment hotspots for student accommodation!
Please note: The figures are based on a provisional booking for the next academic term. The service charge figures are for the year 2023/2024 and are due to be reviewed in September and therefore this could be subject to change.
Financial Breakdown
Gross Rent: £7,140.00
Net income: £3,511.04
Gross yield: 17%
Net yield: 8.36%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-07805
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Property descriptions and related information displayed on this page are marketing materials provided by - Yieldit. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Yieldit for full details and further information.