1 bedroom Flat for sale,

Queen Street, Sheffield, South Yorkshire, S1

Tenant Type: Student

This fixed tenancy provides immediate and secure income, removing the need for marketing or tenant sourcing upon purchase.

The studio has been thoughtfully designed to maximise space, efficiency, and comfort. It comes fully fitted with integrated furniture and essential facilities, including:

Built-in bed

Study desk and workspace area

Compact kitchenette

Private shower room

Storage solutions

Everything is in place for instant occupation, ensuring continued tenant appeal and minimal landlord involvement.

The Development - New Bank House is a dedicated student accommodation development designed to meet the expectations of today’s renters. Developments of this type are consistently popular due to their convenience, security, and community focused environment.

Typical onsite amenities available to residents include:

Secure entry systems

Communal social areas

Study spaces

Managed reception/support services

Modern communal facilities

Professionally maintained common parts

Fully equipped Gym

Such features significantly enhance tenant retention and demand, protecting long term rental income for investors.

Properties like this appeal strongly to investors seeking:

Low entry cost

Predictable rental income

Minimal maintenance responsibility

Strong tenant demand sector

Professionally managed environment

With the student rental market continuing to perform consistently, purpose built units remain one of the most resilient investment sectors.

This is a ready to go, income producing investment requiring little to no setup. With a tenant already secured and management structure in place, buyers can purchase with confidence and start receiving returns immediately.

Opportunities at this price level with a tenant already in place are limited early interest is strongly advised.

**** AUCTION TERMS ****

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 77 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.