1 bedroom flat for sale

*Guide Price £60,000 - £70,000*
Hunters Hillsborough present a fantastic investment opportunity to purchase a first floor one bedroomed apartment in the popular Sovereign House development, renowned for offering investors a strong rental income. The current rental income is £220 per week managed via Xenia Lettings who are contracted to the property until 2027. This luxury accommodation welcomes students and young professionals and is fully furnished throughout with a double bed, dining room table and chairs, sofa and desk included. The kitchen area has a microwave, fridge and an electric hob. En suite shower room with shower cubicle, W/C and sink basin. Residents can enjoy the thoroughly modern decor throughout the building and a range of exceptional communal facilities including a gymnasium, a games room, a cinema room, laundry facilities and communal lounges. Free WiFi and SKY TV are included in the service charge. Investors can have peace of mind that the experienced management company who look after the apartments and tenants are always on hand for any queries. The building is ideally placed in the centre of Sheffield with a wealth of bars, restaurants and shops on your doorstep as well as being within walking distance to the University of Sheffield, Sheffield Hallam and the Hallamshire Hospital.

By law, we are required to conduct anti-money laundering checks on all potential buyers and sellers, and we take this responsibility very seriously. In line with HMRC guidelines, our trusted partner, Coadjute, will securely manage these checks on our behalf. Once an offer is accepted (subject to contract), Coadjute will send a secure link for you to complete the biometric checks electronically. A non-refundable fee of £45 + VAT per person will apply for these checks, and Coadjute will handle the payment for this service. These anti-money laundering checks must be completed before we can send the memorandum of sale to the solicitors to confirm the sale. Please contact the office if you have any questions in relation to this.