Chapeltown, Sheffield Opportunity with 5.2% Yield
This is a gardeners dream! The garden is huge and is already very nice and has a gorgeous Summer House at the end.
In Chapletown, good properties donâ€™t stay on the market for long and I expect this to be the case with this one. Attractively priced at Â£155,000 this property is sure to attract a lot of early interest from owner occupiers and investors alike.
Whilst the yield may not be as high as other properties on the market, tenants would be queuing at the front door to sign up for this house! Itâ€™s ready made with a high quality finish kitchen and bathroom and, as previously mentioned in my earlier blogs, kitchens, bathrooms and gardens sell properties. This has all three in abundance!
A monthly rent of around Â£675 could be expected equating to a yield of 5.2% which is not very high in comparison with other investment opportunities but are other properties on the market going to be of the same quality?
I believe this will be purchased by a family as opposed to an investor but it would work well for both types of potential new owner!