Apartment 1111, Sovereign House, 110 Queen Street, Sheffield, South Yorkshire S1 2FR

Property Details: - Type: Studio - Bedrooms: 0 - Bathrooms: 1

Agent: Auction House - South Yorkshire Phone: 0114 488 7177

<p>Auction Commencing on Monday 13th April at 1pm and ending 24 hours later on Tuesday 14th April from 1pm with Auction House South Yorkshire <br/> <br/>Please register to bid via our website - auctionhouse.co.uk/southyorkshire</p><p>City Centre Studio Investment <br/>Let at £140 per week, £6,760 annually!</p><p>A well located, tenanted studio apartment within a modern development in Sheffield city centre, offered for sale as an income producing investment. <br/> <br/>The property is currently let on an Assured Shorthold Tenancy at a rent of £140 per week, £6,760 annually, generating an immediate and ongoing income for the purchaser. <br/> <br/>The accommodation comprises an open-plan living space incorporating the kitchen and bedroom area, along with a separate shower room. The development is understood to benefit from a range of communal facilities, including reception areas, a residents’ lounge, gym, and laundry room, contributing to its popularity with tenants. <br/> <br/>Key Investment Highlights: <br/> <br/>Tenanted and income-producing <br/>Rent: £650 per calendar month <br/>Central city location <br/>Modern purpose-built development <br/>Suitable for buy-to-let investors</p><p><b>Tenure:</b> Leasehold</p><p><b>EPC Rating:</b> D</p><p><b>Administration Fee:</b> £3600 inc VAT payable on exchange of contracts.</p><p><b>Disbursements:</b> Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.</p>