Chapeltown, Sheffield S35: a Sweet Pea!
The name says it all, Sweet Pea Cottage!
A dainty little cottage located between Burncross and Chapeltown, just minutes away from a beautiful woodland area, it wouldnâ€™t be hard to forget that youâ€™re in a hectic City!
The property has many of its original features still in place like the wooden beams and stone fireplace which is certainly a talking point for the sitting room.
I would expect the property to sell for pretty close to asking price. It would make an ideal first home for a young couple or similarly an ideal home for a couple looking for a low maintenance retirement property.
If you were looking to buy a property like this for investment, you would need to knock at least Â£15,000 off the asking price as the rent you would achieve would be around Â£525pcm giving you a yield of 6%.
You can achieve a much better yield the closer you go to the City and purchase a modern apartment near to West Street for the same price as this property.
The area is certainly desirable for first time buyers and renters so whatever youâ€™re looking to do, make sure the property is a worthwhile investment in the long run.