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Guide price
£50,000

4 bedroom flat for sale

Edward Street, Sheffield S3
Auction
Chain-free
Flat
4 beds
4 baths
1,001 sq ft / 93 sq m
EPC rating: C
Added > 14 days

Key information

TenureLeasehold
Service charge£7,984.16 per annum
Council taxBand C

Features and description

  • Tenure: Leasehold
  • Student Accommodation Investment
  • Four Bedroom & Four En Suite Cluster Room
  • Hands Off Management
  • Gross Rental Yield Circa 23.95% Net Rental Yield Circa 10.74%
  • Viewing Recommended

FOR SALE BY MODERN METHOD OF AUCTION     FOUR BEDROOM CLUSTER ENSUITE APARTMENT 

STUDENT ACCOMMODATION INVESTMENT          ATTRACTIVE YIELD 

A spacious purpose built student accommodation building situated close to Sheffield University and a variety of local amenities, including bars, restaurants and travel networks

The En-suite cluster consists of four spacious furnished rooms with individual showers and a communal kitchen.  The building has a newly refurbished common room and communal laundry with your bills included.

Gross Rental Yield Circa 23.95%

Net Rental Yield  Circa 10.74%

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).

If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.

A Buyer Information Pack is provided. The buyer will pay £349.00 including VAT for this pack which you must view before bidding.

The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.

Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional. 

About this agent

Venite - Ripponden
Venite - Ripponden
5-7 Mill Fold Way Ripponden, West Yorkshire HX6 4DJ
020 3641 9940
Full profileProperty listings
We are passionate about property Welcome to Venite, where our name itself signifies a warm welcome. As property specialists boasting extensive experience, we are dedicated to providing a home for every tenant. We understand that a home is more than just a place to live – it’s a sanctuary, a space of comfort and safety. With a strong emphasis on wellbeing, we manage properties that not only meet practical needs but also contribute to the overall health and happiness of our tenants. Customer service is at the heart of everything we do at Venite. We believe in building lasting relationships with our tenants, and to achieve this, we deliver a personalised and responsive service. Whether it’s resolving issues promptly or simply being available to answer queries, our team is always ready to assist. For our investors, we understand the importance of clear and frequent communication. We are committed to keeping you informed about your investment, providing regular updates and comprehensive reports. Our goal is to ensure that you have all the information you need to feel confident and secure in your investment. At Venite, we’re not just about property; we’re about people. Our mission is to create homes, foster wellbeing, deliver exceptional customer service, and build successful partnerships with our investors. So whether you’re a tenant looking for a home, or an investor seeking a reliable property specialist, we warmly welcome you to Venite.
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