Basford Drive, Sheffield S9 with 6.6% Yield
A two bedroom semi-detached house for sale in Sheffield is available in the popular area of Darnall, whilst the area may not have the best reputation, it is situated in a postcode that is highly populated by renters so there is plenty of demand.
This property is brought to the market in a super condition with little works required and a reasonable asking price of £90,000. For an investor, this is likely to have the right numbers with a potential yield of 6.6% on the table. This yield is based on a rental income of £500pcm which should be achievable given the condition.
Throughout the property it is clear that the house has been looked after but might benefit from an upgrade in the bathroom and kitchen in the near future but in the immediate term, the property is perfectly suitable.
The property would comfortably rent in no time at all once advertised as the area has a high demand for renters. The property will no likely sell for just under asking price for around £87,000.
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 email@example.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!
Don’t forget to visit the links below to view back dated deals and Sheffield Property News.
Sheffield Property To Let, For Sale Facebook: https://www.facebook.com/groups/1488435804820115
Sheffield Talk Facebook: https://www.facebook.com/SheffieldTalk
Get your FREE NO OBLIGATION, INSTANT Sales or Lettings Property Valuation: