Edward Street, Sheffield, S3

Unit Number: C14
Current weekly rental income: £464
Number of bedrooms: 4
Service charges: £10,926.67 pa
Ground rent: £500 pa
Management fees: £725.40 pa
Net return: £11,755.93
Net yield: 10.4%

Overview
A rare opportunity to acquire eight fully tenanted cluster apartments within the sought after Aspect 3 development in Sheffield. These modern, purpose-built student apartments offer strong, stable rental income and excellent net yields of around 10%, making them ideal for both established and first time investors.
Each cluster apartment is self-contained (not individual rooms), fully let, and professionally managed, offering a turnkey investment in one of the UK's strongest university cities.
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Prime Student Location
Located on Edward Street, Aspect 3 sits within walking distance of both major universities:
* University of Sheffield - approx. 10 minutes
* Sheffield Hallam University - approx. 15 minutes
Tenants also benefit from close proximity to supermarkets, bus routes, cash machines, cafés, bars, and the city's thriving student social scene.
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Property Features
Aspect 3 provides a modern, well-maintained environment designed specifically for student living:
Apartment & Room Features
* Fully furnished apartments and bedrooms
* Private bathrooms - no shared facilities
* Comfortable large beds (three quarter or double)
* Study desks, storage, and lounge furniture
* Fully equipped kitchens with:
o Microwave
o Dishwasher
o Ample cupboard and countertop space
Building Amenities
* High speed broadband throughout
* Communal lounge with TV and Xbox
* Cycle storage
* 24/7 security and card entry systems
* On site management and support, provided by Student FM
* All bills included for residents (electric, water, heating, broadband)
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Investment Highlights
* 8 tenanted cluster apartments
* Strong 10% net yield (approx.)
* Professionally managed by Student FM
* Highly popular with both undergraduates and postgraduates
* Consistently high occupancy in the development
* Low-maintenance, hands off investment profile
* Located in an established purpose-built student accommodation hub
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Compliance & Certifications
Aspect 3 benefits from modern building compliance and strong fire safety assurances:
* EWS1 Rating: B1
Fire risk sufficiently low - no remedial works required
* PAS 9980 FRAEW: Low Risk
* Local Authority Building Control Completion Certificate
Regulation 17 sign off confirming full Building Regulations compliance
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Tenure
All apartments are leasehold and will be sold with their existing leases.
Lease expiry date: 31 December 2132.
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Summary
Aspect 3 offers a rare opportunity to acquire immediately income producing student investment units in a proven, resilient market. Whether purchased individually or as a full portfolio, these cluster apartments combine:
* Excellent occupancy
* Strong net returns
* Professional management
* Modern facilities
* Long leasehold security
This is an outstanding opportunity for investors seeking stable, long-term rental income in one of the UK's most vibrant university cities.