£110,000
Est. Mortgage £502 per month*

1 bedroom flat for sale

Queen Street, Sheffield
flat flat
bedroom 1 bedroom

Property description

For Sale - Modern One-Bedroom Apartment in the Heart of Sheffield
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. 39.9m²) 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, cafés, 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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First listed

Over a month ago

Queen Street, Sheffield

Marketed by

Residential Estates - Chester Kinnerton House, Bell Meadow Cuckoos Nest, Pulford CH4 9EP
Call agent on 01244 988842
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£502
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Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Residential Estates - Chester. Placebuzz 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 Residential Estates - Chester for full details and further information.