5 bedroom apartment for sale
Key information
Property description & features
- Tenure: Leasehold (108 years remaining)
- For sale by modern method of auction
- Reservation fees will apply
- Simply bid and buy in fixed time scales
- 5 bedroom 5 bathroom apartment
- 5 th floor location
- Managed by student fm
- Hands off investment
- £28,407 pa income
5-Bedroom, 5-Bathroom Shared Apartment Residence
Income Generating Property: £28,407.90 Gross Per Annum
Property Overview
Welcome to A26 Aspect 3, Edward Street, Sheffield—an exceptional 5-bedroom, 5-bathroom shared apartment residence on the 5th floor of a purpose-built student accommodation building. Featuring a spacious open-plan living kitchen area, this apartment is designed to provide modern, comfortable living for its tenants, making it an ideal hands-off investment.
Key Features:
Five Bedrooms with En-Suites
Each tenant enjoys their own private bathroom, maximizing comfort and convenience.
Spacious Living Kitchen
A contemporary, open-plan living space encourages social interaction while offering a practical kitchen area for all residents to enjoy.
Income Generating
A solid rental income of £28,407.90 gross per annum makes this property a financially rewarding investment.
Why Invest in A26 Aspect 3?
Prime Location in Sheffield
Located on Edward Street, this property is situated in the heart of Sheffield, a city known for its vibrant student population and bustling city life. Close to both Sheffield Hallam University and The University of Sheffield, this property is in high demand with students looking for quality accommodation near their campuses. The city offers excellent transport links, thriving cultural attractions, and a strong economy, making it an attractive area for property investors.
High Rental Demand
Sheffield has a growing student population, ensuring consistent rental demand. The city’s reputation as a hub for higher education institutions creates a strong, year-round rental market for properties like A26 Aspect 3. This property is already tenanted and generating reliable income, further de-risking the investment.
Fully Managed, Hands-Off Investment
Managed by Student FM, an on-site student accommodation provider, this property comes with an all-inclusive management service. Student FM has built a strong reputation for delivering high-quality service and management, handling everything from maintenance to tenant queries. This makes the property ideal for investors looking for a low-maintenance, income-generating asset.
Modern Amenities for Tenants
The property offers a range of amenities designed to enhance student living:
High-Speed Broadband in every bedroom
Cycle Storage for the eco-conscious
24/7 Security for peace of mind
Reception Desk to receive and store parcels
Communal Lounge with a 37" TV, Xbox, and pool table, perfect for socializing
On-Site Management Team available to assist with tenant needs
Sheffield: A City of Opportunity
Sheffield is a vibrant and growing city, home to over 60,000 students and two renowned universities. It is well-connected by public transport, with easy access to London, Manchester, and Leeds via rail or road. The city is also known for its green spaces, including the Peak District National Park nearby, offering a perfect blend of urban life and natural beauty.
Modern Method of Auction
This property is being sold via the Modern Method of Auction, providing transparency and the opportunity for competitive bidding. Contact us today for further details on how to place your bid and secure this high-yield investment.
Invest now in A26 Aspect 3 for a lucrative, hands-off investment opportunity in one of the UK’s most dynamic student cities.
Contact us today for more information or to arrange a viewing.
* AUCTION TERMS *
Auctioneer Comments This property is for sale by the Modern Method of Auction. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold Limited. This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyers solicitor. This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee. This being 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. The Reservation Fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded. This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack. The buyer will also make payment of £300 including VAT towards the preparation cost of the pack, where it has been provided by iamsold. The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change. Referral Arrangements The Partner Agent and Auctioneer may recommend the services of third parties to you. Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services and you should always consider your options before services are accepted. Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
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.
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