Sheffield Investment Apartment Sells 44 Per Cent Above Asking Price
Posted by Terra Firma Auctions on 28th July 2026 -
A fully managed four-bedroom apartment in Sheffield has found a new owner after a competitive online auction, closing well above its original asking price. The property, Apt. B10 Aspect 3 on Edward Street, S3 7GE, was brought to market by The Landsite member Terra Firma Auctions and has now sold for £36,000.
The auction, hosted entirely online, ran until it closed on 24th July 2026. Bidding started at £25,000, and interest in the lot built steadily throughout the sale before it ended with Bidder No. 3 securing the property at £36,000, well above the original asking price.
Located within a highly regarded student and professional development, the second-floor apartment offers elevated views towards Crookesmoor and Hillsborough, along with 24-hour security and a card entry system. Each of the four bedrooms comes with its own en-suite shower room, fitted furniture and a dedicated study area, making the layout well suited to student or shared occupancy type living. Residents also benefit from communal facilities, including a games room, a shared living space and an on-site management company handling daily maintenance and upkeep.
Its position near Sheffield's city centre, teaching hospitals and both universities made the apartment especially appealing to investors and to parents of Sheffield University students seeking a secure and managed base for their children. With a fully managed rental income previously reported at around £25,000 per year, the property represented a straightforward buy-to-let opportunity, a factor that likely contributed to the strong bidding activity.
Sales like this highlight the ongoing appetite for managed, multi-let student and professional accommodation in university cities such as Sheffield, where demand from tenants continues to outpace supply in many pockets of the market. Auction routes, in particular, are proving popular with investors looking for speed and certainty, since a successful bid creates an immediate and binding commitment to buy.
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Sellers or joint agency partners interested in finding out more can contact Terra Firma Auctions' valuations team directly.
Terra Firma Auctions | Selling Land is Our Business
Tel: 0203 916 5496 | Email: [email protected]
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