1 bed Apartment (Leasehold)

.New to market is this well presented studio apartment which currently generates a net yield of over 13%. The property comes with no chain and is located close to all of the excellent amenities that Sheffield City Centre has to offer.
Situated on the 9th floor the property comprises a studio room which accommodates a bed area, desk, kitchen and living space, with a separate shower room.
Queen Street can be found in the heart of the professional sector of Sheffield City Centre between West Bar and Campo Lane. The location is ideal for a number of excellent independent eateries on Campo Lane including the amazing Urban Deli. The Universities are also easily accessible by foot or by local transport.
Living at Sovereign, not only do you get your own personal space to live in; but you can also take advantage of some great social spaces within the building too. Sovereign house boasts a communal social space to meet up with friends, a gym, a quiet study room, and even an outdoor courtyard, perfect for soaking up the sun on warmer days.
Auctioneer comments
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.