4. Property for sale in Sheffield, S1

Property for sale in Sheffield, S1

Queen Street, Sheffield, S1

£64,995

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Agent details

This property is listed with:
Property Webwise Ltd
290 Elgin Avenue, London
Telephone:
020 7121 8000

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Full Details for Property for sale in Sheffield, S1 :

Sovereign House is located in the centre of Sheffield less than half a mile from both The University of Sheffield and Sheffield Hallam. This ideal location caters to all students who want to live in the heart of the thriving city as it is minutes away from shops, restaurants and bars.

Priced at £64,995 and comprising 178 studios, this conversion from an office block to high quality student accommodation is expected to be completed by July 2015, in plenty of time for the year's influx of students. Each studio will be furnished to the highest of standards. Students will also have access to a range of communal facilities including a TV/cinema room, gymnasium, entertainment lounge, laundry, bike storage and communal lounge.

The developer (Fortis Developments Ltd) is one of the fastest growing development companies in the UK. The company was created to provide luxury developments, achieving the growing standards in the marketplace. Firmly established at the forefront of the industry, Fortis Developments is now one of the most experienced and extensive developers of student accommodation, luxury apartments and regeneration schemes in the UK. They undertake luxury student accommodation and regeneration projects in prime locations at key university sites nationwide.

F.A.Q

Am I buying as freehold or leasehold- 250 years leasehold

Are there tennants already in place-No, Sovereign House is a refurbishment of a former office building

What are the projected annual returns on this project- Returns of circa 8.35% are a assured for the first 2 years

Can I receive finance on this development- There is currently no finance offered by the developer

When is my rental income paid- Quarterly in arrears, direct in to your bank account from completion

Is there a management company in place- Yes, the designated management company will be Fortis Student Lettings, who will block manage and let the building - www.fortisstudentliving.com

Are there any restrictions if I want to sell- No, you are free to sell your apartment on the open market

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House Prices for houses sold in S1 2DW

Stations Nearby

Meadowhall
3.2 miles
Darnall
2.5 miles
Sheffield
0.6 miles

Schools Nearby

Heritage Park Community School
1.3 miles
Heritage Park Community School
1.2 miles
Seven Hills School
1.2 miles
Bethany School
0.6 miles
Springfield Primary School
0.8 miles
Pye Bank CofE Primary School
0.6 miles
Netherthorpe Primary School
0.5 miles
The Sheffield College
0.3 miles
Ruskin Mill Educational Trust - Freeman College
0.6 miles
All Saints' Catholic High School
0.9 miles