1 bed flat for sale

Edward Street, Sheffield, South Yorkshire S3

Great investment opportunity in A prime letting location!

Please note: Viewings are by appointment only, Monday to Friday, with a minimum of 48 hours’ notice. Weekend viewings are not available.

Situated in a highly sought-after letting area, this property offers investors an excellent opportunity to acquire a ready-made, income-generating home in a location renowned for strong rental demand. The property benefits from excellent access to local amenities, transport links, shops, cafes, and leisure facilities, making it a highly desirable choice for tenants, particularly students and young professionals.

The property itself is neatly presented throughout and comprises:

A modern kitchen with integrated appliances, ideal for convenient, low-maintenance living

A comfortable and well-proportioned bedroom

A contemporary shower room

Residents also enjoy on-site communal areas, including a welcoming reception and well-maintained shared outdoor spaces, providing additional appeal to tenants and enhancing the overall investment value.

Currently tenanted, the property produces a steady income of £165 per week, inclusive of bills, offering an immediate return on investment. With its strong track record of high occupancy and minimal void periods, this home is a secure and reliable addition to any letting portfolio.

When letting via Student FM, the property is managed completely on your behalf. Their comprehensive service includes:

Tenant search and screening

Full compliance and safety checks of the unit

Routine maintenance and repairs, including replacement of lightbulbs, appliances, mattresses, and more

Rent collection

Management of utilities including Wi-Fi, electricity, and water

All of these services are included in your service charge / Repair and Renewal Fund, providing a truly hands-off investment experience.

This is a rare opportunity to acquire a turnkey investment in a highly desirable location with strong, reliable rental demand. Whether you are looking to grow your portfolio or secure your first investment property, this home offers both immediate income and long-term potential in a vibrant and well-connected community.

*** Auction Terms ***

This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 77 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold).
If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. 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 Living/Dining Room/Kitchen

0 x 0 - Well designed space that is clearly defined into areas for cooking, dining and relaxing. The fully fitted kitchen includes range of beech effect wall and floor units with complementary work surfaces over, stainless steel sink, integrated electric oven and hob and freestanding fridge freezer. The splashback is fully tiled and the room benefits from laminate flooring throughout.
The room is bright and airy benefits from large windows to the far end and the room is furnished in contemporary yet practical furniture.

Bedroom Area

0 x 0 - Spacious double bedroom that has the added benefit of fully fitted furniture to beech effect double bedframe and mattress, large desk area and wall and floor mounted storage. The room is carpeted throughout and benefits from large window to the end of the room.

Shower Room/WC

0 x 0 - Contemporary and modern shower room with tiling to all walls and floor in white with an attractive mosaic accent. The room benefits from walk in shower enclosure, wall mounted sink with chrome mixer tap and low level flush W.C. Chrome heated towel rail.

Communal Area

0 x 0 - A funky games room with pool table, seating and television areas that is available to all residents.

Floorplan

0 x 0

Premiumlisting

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