Property Details: - Type: Apartment - Bedrooms: 4 - Bathrooms: 4

Agent: Reeds Rains - Sheffield Phone: 0114 488 5068

Starting Bid £57,000!<br/><br/>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.<br/><br/>£25,699 potential annual income, offering an attractive gross yield of 20.86% in year 1, a strong investment opportunity with excellent return potential!<br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>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.<br/><br/>To arrange a viewing or for further information, please contact the sales team at Reeds Rains City Living Sheffield.<br/><br/><br/> <b>IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:</b> 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. <br/><br/>SCI260116/2