5 bed flat for sale

Edward Street, Sheffield, South Yorkshire S3

Aspect is a stylish and contemporary 5-bedroom, 5-bathroom HMO-style apartment, located within the ever-popular Aspect development in Sheffield city centre. Offering a fully tenanted, income-producing investment from day one, this property is managed on a hands-off basis by Student FM, a trusted name in student accommodation.

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.

Property Highlights
5 double bedrooms, each with private en-suite

fully let to students – generating 2023-2024 annual Net income was £15,822 Net return 6.6%

Room 1 24/01/25 to 29/08/25 31 weeks @ £110pw
Room 2 03/01/25 to 29/08/25 34 weeks @ £102.57pw
Room 3 14/01/25 to 29/08/25 32 weeks @ £108pw
Room 4 07/09/24to 29/08/25 51 weeks @ £103pw
Room 5 07/09/24 to 29/08/25 51 weeks @ £103pw

managed by student FM – hassle-free investment
Modern kitchen & communal living space


Hmo-style layout – compliant and ready to go

starting bid £105,000 + fees

Tenant Profile & Lettings
The property is let to students and managed by Student FM, a professional lettings and management company specialising in high-quality student housing. Their full management service includes tenant sourcing, rent collection, maintenance, and compliance — giving buyers total peace of mind.

With Sheffield's two major universities (University of Sheffield & Sheffield Hallam University) within easy reach, demand in this location remains consistently strong.

On-Site Facilities
Residents of the Aspect development benefit from a range of modern, on-site facilities, including:

Secure Entry & 24/7 CCTV

On-Site Management Office (via Student FM)

Common Room & Study Areas

Cycle Storage

Laundry Facilities

Lift Access to All Floors

The building is purpose-built for the student market and maintained to a high standard, creating a safe and welcoming living environment.

Location – Sheffield City Living
Situated on Edward Street, Aspect is ideally placed for access to:

University campuses (walking distance)

Local supermarkets, cafes, and amenities

Excellent public transport links

Sheffield city centre, nightlife, and cultural attractions

This central location is a key driver of the property’s rental success.

Why Buy B25 Aspect?
Hands-Off Investment – Let and fully managed by Student FM

Immediate Income – Property is already let and generating rent

High Rental Demand Area – Prime student catchment

Modern Purpose-Built Development – No costly renovations needed

Low Entry Price Point – Excellent yield potential

Attractive for Portfolio Landlords & New Investors Alike

To View or for More Details:
Contact the sales team at Reeds Rains | City Living Sheffield

**** 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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Shared Open Living Kitchen

Bedroom 1 And En-Suite

Bedroom 2 And En-Suite

Bedroom 3 And En-Suite

Bedroom 4 And En-Suite

Bedroom 5 And En-Suite