This calculator provides a guide to the amount of residential stamp duty you may pay and does not guarantee this will be the actual cost. This calculation is based on the Stamp Duty Land Tax Rates for residential properties purchased from 23rd September 2022 and second homes from 31st October 2024. For more information on Stamp Duty Land Tax, click here.
£85,000
Flat for sale, Queen Street, Sheffield, S1
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Features and Description
- CITY CENTRE LOCATION EVERYTHING LOCAL
- CURRENTLY LET AT £595 PCM
- IMMEDIATE RENTAL INCOME
- IDEAL BUY-TO-LET OR FIRST-TIME BUYER OPPORTUNITY
- EXCELLENT ACCESS TO SHEFFIELD STATION
- LOW-MAINTENANCE STUDIO APARTMENT OF 325.10sqft
- AFFORDABLE ENTRY INTO THE PROPERTY MARKET
Ground Floor Studio Apartment – 325.10 sq ft
Currently Let at £595 PCM | Suitable for Investors & Owner Occupiers
Investment Summary
An excellent opportunity to acquire a modern ground floor studio apartment within the sought-after North Church House development in Sheffield City Centre. Extending to approximately 325.10 sq ft, the apartment is currently tenanted on an Assured Periodic Tenancy (APT) generating £595 per calendar month, providing an immediate income stream for buy-to-let investors.
Equally, the property offers an attractive option for owner-occupiers seeking a stylish, low-maintenance city centre home in a highly connected location.
Prime City Centre Location
North Church House occupies a prominent position on North Church Street, in the heart of Sheffield City Centre. Residents benefit from immediate access to Sheffield's extensive transport network, including the Supertram system, bus routes and Sheffield Railway Station, providing excellent connectivity across the city and beyond. The development is also within walking distance of the city's retail, leisure and employment hubs.
Key nearby amenities include:
Sheffield Cathedral
Fargate shopping district
Meadowhall Shopping Centre (approximately 15 minutes by car)
Sheffield Hallam University
University of Sheffield
Restaurants, cafés, bars and cultural venues
Sheffield Train Station and Supertram network
The city centre location continues to attract young professionals, students and key workers seeking convenient urban living.
Why Buy This Studio?
Immediate Rental Income
The property is currently producing £595 PCM (£7,140 per annum), allowing investors to benefit from income from day one.
Affordable Entry into the Sheffield Market
Studios within Sheffield City Centre remain popular with tenants seeking affordable, well-located accommodation, supporting consistent rental demand.
Strong Tenant Appeal
North Church House is a modern conversion offering contemporary accommodation in a central location, making it particularly attractive to young professionals, city workers and students.
Excellent Transport Links
With the Supertram, major bus routes and Sheffield Railway Station all within easy reach, residents enjoy outstanding connectivity across South Yorkshire and beyond.
Low-Maintenance Lifestyle
The compact and efficient layout offers easy living with lower running costs compared to larger properties, making it attractive to both tenants and owner occupiers.
City Living at Its Best
Everything Sheffield has to offer is on the doorstep from shopping, entertainment, dining, universities and major employers are all within walking distance.
Buy to Let Opportunity
For investors, this studio presents an opportunity to acquire a ready-made income-producing asset in a thriving regional city. Sheffield continues to benefit from ongoing regeneration, a strong student population and growing demand for city centre accommodation, underpinning long-term rental prospects.
Buy to Live In
For owner occupiers, the apartment provides a stylish and practical city centre home. The ground floor position offers easy access, while the central location allows residents to enjoy a walk-to-work lifestyle with excellent amenities close at hand.
Whether you're a first-time buyer, city professional or someone seeking a convenient Sheffield base, this studio offers affordability, convenience and modern living in one of the city's most connected locations.
IMPORTANT NOTE TO POTENTIAL PURCHASERS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller.
Queen Street, Sheffield, S1
Additional Information
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Property refSCI260196
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EPCC
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TenureLeasehold
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Council TaxA
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Local authoritySheffield City Council
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Ground Rent£85
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Ground Rent ReviewContact the branch
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Service Charge£897
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Reeds Rains Estate Agents Sheffield
Reeds Rains Sheffield
B2 Spaces, Pennine Five, Sims Street, Sheffield, S1 4BY
Mon - Fri09:00 - 17:30Saturday09:00 - 16:00SundayClosed
Disabled access available
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Monthly payment
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Borrowing £76,500 and repaying over 25 years with a 2.5% interest rate.
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