1 bedroom flat for sale

For Sale - Modern One-Bedroom Apartment in the Heart of SheffieldFlat 8, Queens House, Queens Street, Sheffield, S1 1GNGuide Price: 110,000Tenanted Net Yield: 6% Ideal Investment or City HomeProperty 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 GroupLocation, 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: YesLease & 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/completionAdditional Information:*Management Company: MCR*Access for Viewings: Via Reeds Rains*Agency Agreement: Signed and Commission Agreed*Floorplans & Photos: Available on request*Brochure: Available on requestArrange a Viewing TodayThis 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 yearService Charge: 991.8 per year