Guide Price: £5,000 – £10,000 Auction Date: 5th May An excellent investment opportunity to acquire a well-presented, tenanted studio apartment situated within the popular Sovereign House development in Sheffield city centre. Located on an upper floor, the property offers modern, self-contained accommodation comprising an open-plan living/sleeping area with fitted kitchenette, a private shower room, and built-in storage. The apartment benefits from good natural light and is finished to a contemporary standard throughout. Sovereign House is a purpose-built student and young professional development, offering a range of on-site amenities including a residents’ gym, communal lounge areas, and secure entry systems, making it an attractive option for tenants. The property is currently let at £564 per calendar month (£6,768 per annum), providing an immediate income stream for investors. With strong rental demand in this central location, the property presents a high-yielding addition to any portfolio. Key Features: City centre location (S1 postcode) Tenanted investment producing £6,768 per annum Modern studio apartment On-site gym and communal facilities Secure building with managed environment Excellent transport links and amenities nearby EPC Rating: C Tenure: Leasehold (details to be confirmed) A rare opportunity to acquire a low-entry, income-generating asset in a prime Sheffield location. Ideal for both seasoned investors and those looking to expand their portfolio.Tenure: LeaseholdEPC Rating: C

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Additional Fees

Administration Charge - £3,600 inc vat payable upon the fall of the virtual gavel

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.