5 bedroom apartment for sale

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5 bedroom apartment for sale

Edward Street, Sheffield, South Yorkshire, S3
£160,000

Price History

Initial price £175,000
21/11/24 £160,000
Price Change -8.57%

Description

This 5-bedroom, 5-bathroom shared apartment residence is located on the 5th floor of a purpose-built student accommodation building in Sheffield. The property features a spacious open-plan living kitchen area, making it an ideal hands-off investment opportunity. Each bedroom has an en-suite bathroom, and the property benefits from a solid rental income of £28,407.90 gross per annum. The property is fully managed by Student FM, an on-site student accommodation provider, and offers a range of amenities for tenants, including high-speed broadband, cycle storage, and a communal lounge. Sheffield is a vibrant and growing city, home to over 60,000 students and two renowned universities, making it an attractive area for property investors. The property is being sold via the Modern Method of Auction, providing transparency and the opportunity for competitive bidding.