Studio for sale

Edward Street, Sheffield, South Yorkshire S3

Modern Studio Apartment with En-Suite | Tenanted Investment Opportunity
Starting Bid: £30,000 + Fees

Situated on the second floor of the popular Aspect development in central Sheffield, D7 Aspect is a stylish, modern studio apartment offering a superb turnkey investment opportunity. Purpose-built with students in mind, this well-presented property is currently tenanted and professionally managed by Student FM, a trusted name in student accommodation, making it an ideal choice for investors seeking a hassle-free, income-generating asset.

The apartment features a smart, open-plan layout with a defined sleeping area, compact yet efficient kitchenette, and a contemporary en-suite shower room. Fully furnished and finished to a high standard, the space is designed to meet the demands of modern student living. With secure entry, clean communal spaces, and an unbeatable location, it has consistently proven popular among student tenants.

Currently let at £160 per week, the apartment generates reliable rental income through a fixed-term tenancy running from (17/03/25 - 01/09/25) All day-to-day management — from rent collection to maintenance issues — is handled entirely by Student FM, providing a truly hands-off experience for the new owner.

Residents of Aspect benefit from a host of on-site facilities that enhance both tenant satisfaction and the long-term appeal of the property. These include secure fob entry, 24-hour CCTV surveillance, and an on-site reception and management team who are available to support residents and handle any issues quickly and professionally. The development also offers comfortable communal lounges and study areas that encourage a sense of community, as well as convenient laundry facilities and secure cycle storage. Lift access throughout the building ensures accessibility for all.

The location of Edward Street is another key attraction. Positioned just a short walk from both The University of Sheffield and Sheffield Hallam University, the property is perfectly placed to meet student needs. The city centre, with its wide range of shops, cafes, supermarkets, and transport links, is also within easy reach. This combination of convenience, quality, and community ensures consistently high levels of tenant demand and low vacancy rates throughout the academic year.

For investors, D7 Aspect represents a solid, low-maintenance addition to any portfolio. The rental income is already in place, the management is taken care of, and the apartment is located in a building specifically designed for the student market — meaning no costly refurbishments, no hands-on involvement, and strong future rental prospects. Sheffield’s growing student population, along with ongoing investment in infrastructure and regeneration across the city, adds further strength to the long-term value and desirability of properties like this.

Whether you’re a first-time investor or an experienced landlord, D7 Aspect offers a secure and sustainable way to build income and capital appreciation in one of the UK’s most in-demand university cities.

To arrange a viewing or request more information, please contact us.

**** auction terms ****

This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period. Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd).

If considering a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee. For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.

The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT. This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.

Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT. These services are optional.

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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Open Plan Studio Living

Shower Room