Ecclesall Road, Sheffield S11 with 8.5% Return
For sale in an excellent location is this four bedroom terraced house located just off Ecclesall Road. The property appears to be in a good condition however there is scope to refurbish the property and update a little. Despite this the property will sell close to asking price, after all it’s only minutes from Hallam’s Collegiate Campus which is every students dream! The owner has the advantage that the property is in a very desirable area for both students and professionals so this could attract a buy-to-let investor or a family looking to be at the heart of the good schools and good neighbourhood!
The property is offered tenanted until June 2016 with an annual rent of Â£17,880. This therefore creates a yield of 8.5% which is an incredible yield on a house, this is often hard to come by and yields like this are often only available on city centre properties. I think based on the above, this property will sell with real ease, after all the property is an excellent size and convenient location.