Sovereign House, Silver Street, Sheffield City Centre, S1 2FQ
YI

Sovereign House, Silver Street, Sheffield City Centre, S1 2FQ

By yieldit

£ 38,000

Reviews

2 out of 5 stars

yieldit says ..

TAKE A LOOK AT THIS HANDS OFF HIGH YIELDING INVESTMENT! Premium self contained studio apartment in a very popular high quality development in the heart of Sheffield.

Property Oracle says ..

This listing presents a studio apartment located in Sheffield city centre. Its central location offers excellent access to transportation, universities, and various amenities, making it attractive to students and young professionals seeking convenience and city living. The images suggest the property is in reasonable condition, functional, and clean, though not luxury. However, it’s important to note the absence of any outdoor space or land which is typical for city centre apartments. The apartment has a compact but seemingly complete layout. The listed price seems reasonable for a studio apartment in this location, but the lack of exact square footage and potential service charges could significantly influence the true value proposition. Further investigation is recommended to confirm the stated conditions and to understand the full associated costs, including any potential annual service charges or ground rent. Buyers should carefully evaluate the overall cost of ownership, potentially including rental income, to gain a clearer sense of its investment value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
207.74

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
123,441.00 £
Decreased by 13.64 %
from 142,936.00 £
Est sale value
48,195.68 £
Increased by 20.83 %
from 39,886.08 £
Average area rental value
1,222.00 £/mo
Increased by 27.69 %
from 957.00 £/mo
Est letting value
415.48 £/mo
Increased by 100.00 %
from 207.74 £/mo
Est rental Yield
11.88 %
Increased by 47.95 %
from 8.03 %
Crime Rate
7.00 %
Unchanged by 0.00 %
from 7.00 %

Agent Activity

  • yieldit marked this listing as sold.

  • yieldit created the listing.

Nearby Schools

NameTypeOfstedDistance
Sheffield Hallam UniversityHigher Education InstitutionsRequires improvement0.77 KM
Freeman CollegeSpecial Post 16 InstitutionGood0.87 KM
Astrea Academy SheffieldFree Schools0.98 KM
Utc Sheffield City CentreUniversity Technical CollegeGood1.10 KM
Pye Bank Cofe Primary SchoolAcademy Converter1.18 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Paradise Street £ 000.00 KM
Saint James' Street £ 000.00 KM
Bower Spring £ 000.00 KM
Sims Street £ 000.00 KM
Lee Croft £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Sheffield6691SHF1.18 KM
Darnall6729DAN6.39 KM
Meadowhall6663MHS7.32 KM
Dore And Totley6690DOR8.08 KM
Chapeltown (South Yorkshire)6664CLN8.63 KM

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