Classic Studio

Sovereign House, Sheffield

£49,995Guide Price

  • Gross annual rental income – £7,176
  • Fully managed student property
  • Close to 2 major universities
  • 8% net rental yield (£3,974.00)

For more information please contact our team:

0161 337 3890

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Tenanted and fully managed student studio for sale in the hugely popular Sovereign Newbank House development. This studio is currently tenanted at £138.00 per week, and offers investors an annual net rental income of £3,974.00.

Studio 3.12 – Financial Breakdown
  • Tenanted at £138.00 per week
  • 52 week tenancy (up to 29th May 2026)
  • New management company now in place

Key to the appeal of the Sovereign Newbank House development is its location in the heart of Sheffield city centre, and just a short distance from both the University of Sheffield and Sheffield Hallam University. As of today, Sheffield is still considered one of the UK’s leading student destinations, and is home to in excess of 60,000 full-time students.

 

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