Edward Street, Sheffield, S3

- PROPERTY TYPE
Apartment
- BEDROOMS
4
- BATHROOMS
4
- SIZE
Ask agent
Key features
- I'M IN A MODERN ONLINE AUCTION
- 4 BEDROOM, 4 EN-SUITE HMO APARTMENT
- PART-LET WITH IMMEDIATE INCOME
- FURTHER RENTAL UPSIDE POTENTIAL
- MODERN DEVELOPMENT – ASPECT
- LOW MAINTENANCE, HANDS-OFF INVESTMENT
- PRIME LOCATION NEAR UNIVERSITIES & CITY CENTRE
- DEMAND FROM STUDENTS & YOUNG PROFESSIONALS
- RESERVATION FEE WILL APPLY
Description
This is an ideal opportunity for savvy investors seeking high-yield returns with low involvement, in a strong rental market fuelled by Sheffield’s two thriving universities.
£25,699 potential annual income, offering an attractive gross yield of 20.86% in year 1, a strong investment opportunity with excellent return potential!
The property is currently let to a mix of students and professionals and is generating a total income of £491 per week from the outset. It is fully managed by Student FM, a professional lettings and management company specialising in high-quality accommodation. Their full management service includes tenant sourcing, rent collection, maintenance, and compliance, providing buyers with complete peace of mind.
Internally, the apartment comprises four well-proportioned double bedrooms, each with its own private en-suite, along with a modern kitchen and communal living space. The layout is HMO-compliant and ready to go, with no additional works required.
Residents of the Aspect development benefit from a range of on-site facilities including secure entry, 24/7 CCTV, an on-site management office, common room and study areas, cycle storage, laundry facilities, and lift access to all floors. The building is purpose-built for the student market and maintained to a high standard, creating a safe and attractive living environment.
Situated on Edward Street, the development is ideally located within walking distance of both the University of Sheffield and Sheffield Hallam University, as well as local amenities, transport links, and the city centre. This central location continues to drive strong and consistent rental demand.
The property is being offered for sale by modern method of auction plus fees. This presents a low entry price point with strong yield potential, making it an attractive option for both experienced investors and those entering the market.
To arrange a viewing or for further information, please contact the sales team at Reeds Rains City Living Sheffield.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
SCI260116/2
Brochures
Web DetailsFull Brochure PDF- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- No parking
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Edward Street, Sheffield, S3
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Visit our security centre to find out moreDisclaimer - Property reference SCI260116. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Reeds Rains, Sheffield City Living. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Reeds Rains, Sheffield City Living on 0114 697 3242.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a Guide Price or a range of Guide Prices. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a Reserve Price below which the property cannot be sold at auction. Normally the Reserve Price will be set within the range of Guide Prices or no more than 10% above a single Guide Price.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.

