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SOLD STC

Sovereign House, Silver Street, Sheffield City Centre, S1 2FQ

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Key features

  • 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

Description

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!

Financial Breakdown

Gross Rent: £6,930.00
Net income: £3,078.71
Gross yield: 18.73%
Net yield: 8.32%
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-07996
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Sovereign House, Silver Street, Sheffield City Centre, S1 2FQ

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About yieldit, Manchester

Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Here at yieldit we specialise in the sale of tenanted, income generating buy-to-let property from investor to investor. We work with buyers and sellers who see the financial potential of a buy-to-let-property, and don't get distracted by little things - eliminating the normal stresses that come with trying to sell a buy-to-let property on the high-street.

yieldit brings a wide range of income generating properties to market, from larger homes perfect for families to city centre apartments in some of the UK's best rental markets. Whatever your requirements, yieldit has the perfect investment (or buyer) for you!

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Disclaimer - Property reference YL-07996. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by yieldit, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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