Ecclesall Heights, William Street, Sheffield S10 with 7.2% Yield
Situated in a highly popular residential area amongst both professionals and students, tenant demand for a property such as this is extremely high. As a result, this listing will undoubtedly attract the interest of buy to let investors across the city.
A studio like this will be very popular on the rental market and will be high in the interests of both students and professionals, being on the outskirts of the city centre and being so close to Sheffield Hallam University.
Studio apartments rarely attract the interest of owner occupiers so it’s highly likely that a buy to let investor would purchase this property. Should this be the case, the new owner would receive a monthly rent in the region of £450, which would generate an excellent yield of 7.2%. This is a highly attractive yield for a property that would endure very minimal void periods and would be in high demand from tenants.
The yield, location and quality of this property will surely mean it doesn’t remain on the market for long.
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