1/8
£40,000
1 bed · 1 bath
Sovereign House, Queen Street, S1
0.01 miles
away
Leasehold
Added on 16/09/2026 
1/14
1/14
£35,000
POA 1 bed flat for sale Sovereign House, Queen Street, Sheffield, S1 2FQ
1
bed 1
bath Studio
Tenure: ask agent
Added today
About this property
|| Contemporary studio apartment || Situated in the heart of Sheffield city centre || Student accommodation || Excellent transport links || Close to local amenities || Great investment potential of 18% gross yield || Discover this contemporary studio apartment, perfectly positioned in Sovereign House on Queen Street, Sheffield. This property offers an outstanding opportunity for those seeking an investment opportunity in student accommodation. The property provides an open plan living and kitchen space, with space for a bed, table and desk.
Key features
- Studio apartment in the heart of Sheffield city centre
- Student residency
- Walking distance to Sheffield & Hallam University campus
- 18% gross yield - 12% net yield after service charges
- Communal amenities including social spaces, including lounge, pool table, games room, laundry room, outdoor terrace and bike store.
- Currently vacant but rest of building at full capacity
Floorplan
Location
Sovereign House, Queen Street, Sheffield, S1 2FQ
- Council tax
- Band D (Approx £2,510/year)The agent has not stated the band, so band D is shown as the local reference: Sheffield's 2026/27 area average, including the typical parish precept. The actual band and any discounts change the bill.
Mortgage and stamp duty
Property price £35,000
£18k £53k
Deposit11% £4,000
£0 £35k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £31,000 mortgage. Most lenders would want a household income of about £7,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in S1 2FQ. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| Apartment 608, Sovereign House, 110, Queen Street Flat / maisonette | Flat / maisonette | May 2024 | — | — | — | £39,000 |
| Apartment 509, Sovereign House, 110, Queen Street Flat / maisonette | Flat / maisonette | Feb 2021 | — | — | — | £38,000 |
| Apartment 606, Sovereign House, 110, Queen Street Flat / maisonette | Flat / maisonette | Mar 2020 | 226 sq ft £276/sq ft | 226 sq ft | £276 | £62,500 |
| Apartment 505, Sovereign House, 110, Queen Street Flat / maisonette | Flat / maisonette | Sept 2016 | — | — | — | £69,500 |
Area insights
The neighbourhood around this property.
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