With an asking price of just £75,000, this two bedroom property would be an ideal investment for a first-time investor. With the low asking price and anticipated low maintenance of this property, the risk factor is very low.

The property itself comprises two double bedrooms a large living area which is open plan with the kitchen, a hallway and a modern bathroom, which is also of a very good size. This property is very modern throughout and is neutral in décor. The property also benefits from having a Juliet balcony and an allocated parking space. 

On the lettings market, I would expect this property to achieve £474pcm, which would generate a yield of 7.6%, which is a fantastic yield! It is worth considering that there will inevitably be a ground rent and service charge, but even so a yield of 7.6% is very impressive.

https://www.zoopla.co.uk/for-sale/details/45066286

As always, if you are an investor in the Sheffield property market and would like a second opinion on a property you have seen, then send the URL of the properties you have seen online over. Or if you would like to pop in and have a chat, then you can either email on info@sheffieldresidential.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!

 

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