Studio

Silver Street, 
Sheffield City Centre, 
S1 2FP
Purchase price
£42,000
  • Tenanted
TAKE A LOOK AT THIS HANDS OFF HIGH YIELDING INVESTMENT! Premium self contained studio apartment in a very popular high quality development in the heart of Sheffield.
  • Financial Performance*
Gross rent
£7,140
Ground rent
£250
Service charge
£2,608
Lettings fees
£771
Net income
£3,511
Gross yield
17.0%
Net yield
8.36%
  • 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

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!

Please note: the figures are based on a provisional booking for the next academic term. The service charge figures are for the year 2023/2024 and are due to be reviewed in September and therefore this could be subject to change.

  • Financial Performance *
Gross rent
£7,140
Ground rent
£250
Service charge
£2,608
Lettings fees
£771
Net income
£3,511
Gross yield
17.0%
Net yield
8.36%
*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.
  • Location
  • EPC
Energy Performance Rating