1 bedroom Flat for sale,

Queen Street, Sheffield, South Yorkshire, S1

Accessible wet-room shower room offering easy maintenance

Electric heating throughout

Currently vacant, offering immediate occupation or tenant placement

Rental & Investment Potential

This apartment represents an attractive and low-maintenance investment opportunity. With a rental income potential of £140 per week, investors can expect strong demand and a stable return. The location appeals equally to students from both major Sheffield universities and young professionals working across the city, ensuring reliable year-round occupancy.

The development is let and managed by Xenia Estates, providing organised oversight and smooth operations; however, buyers are entirely free to manage or let the property independently if preferred.

Development Benefits & Amenities

Sovereign House is known for its consistency, strong occupancy levels, and well-maintained communal spaces. The building offers:

Secure entry systems for resident safety

Professional on-site management presence via Xenia Estates

Communal areas designed for study, work, or relaxation

Convenient location, close to public transport, shops, nightlife, cafés, and university campuses

Why This is a Great Investment

This apartment combines affordability, flexibility, and proven rental performance. Its location in the heart of Sheffield, paired with the demand from students and professionals, makes it an ideal choice for new or experienced landlords. The ability to use the property for a family member especially a student starting university adds further value and practicality.

Strong rental history within the block

High demand from two major tenant markets

Low-running costs and minimal upkeep

Vacant and ready for immediate use

Flexible management options — use Xenia or manage yourself

Open for Bidding Now

Sovereign House offers an excellent opportunity to secure a modern studio apartment within a thriving development in a highly sought-after part of the city.

*** Auction Terms ***

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.