Woodthorpe Road, Sheffield S13 with 7.3% Yield
Although somewhat old-fashioned in some areas, this house is very good value for money at just £90,000.
The property comprises of a porch as you enter, which leads to the hallway which has the kitchen and lounge/diner off it. There are two bedrooms and a very spacious bathroom on the first floor.
The property is somewhat old-fashioned, but it seems this has been done with purposes and is not of a poor quality by any means. Having said that, the décor of the property will not appeal to the masses and any potential buyer should consider modernising the property.
There is a very impressive garden with a water feature to the rear of the house and there is a large driveway for three cars.
In a more modern condition, I would expect this property to achieve £550pcm, which would generate a yield of approximately 7.3%, this does not however take into account any costs to modernise the property.
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