Newman Road, Wincobank, Sheffield S9 with 6.5% Yield
Although definitely in need of modernisation, with an asking price of £105,000, this property offers very good value for money.
The property comprises of a lounge, dining room and kitchen on the ground floor. All three bedrooms and the bathroom are on the first floor.
There is a real 60’s vibe to this property, which isn’t so popular these days, so I would advise that the property is redecorated throughout and new carpets are laid throughout. I would also advise the kitchen is replaced.
There is a very pleasant garden to the rear, which is also of a very good size. There is driveway for two cars to the side of the property and a lawn to the front of the property.
Once modernised, this property should achieve £575pcm, which would generate a yield of 6.5%, which is a very good yield, but remember to take into account the cost of the modernisation.
As always, if you are an investor in the Sheffield property market and would like a second opinion on a property you have seen, then send the URL of the properties you have seen online over. Or if you would like to pop in and have a chat, then you can either email on email@example.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!
Don’t forget to visit the links below to view back dated deals and Sheffield Property News.
Sheffield Property To Let, For Sale Facebook: https://www.facebook.com/groups/1488435804820115
Sheffield Talk Facebook: https://www.facebook.com/SheffieldTalk
Get your FREE NO OBLIGATION, INSTANT Sales Property Valuation:
Get your FREE NO OBLIGATION, INSTANT Lettings Property Valuation: