Sheffield, S12 with 6% Return
Mansfield Road in S12 is very well known as a link from places such as Mosborough and Birley into Sheffield city centre.
Whilst it is a main road and is often very busy, it remains ever popular when properties are listed for sale on this road. They are just as popular with renters so any buy to let purchaser wouldnâ€™t experience delays in finding tenants! Intake School contributes to this popularity so young families will have alerts set up for properties being listed for sale in the area.
With only new flooring required, this property is almost ready to go and requires minimal spend for an investor. It has a good kitchen and bathroom and the garden is huge for a two bedroom terraced house so I wouldnâ€™t be surprised to see interest from first time buyers as well as investors on this one.
From an investment perspective, a monthly rent of Â£550 teamed with an asking price of Â£110,000 would equate to a yield of 6% which is attractive to investors, especially with what would be anticipated to be an easy let.
I am not expecting this house to be on the market for long so if it has caught your eye, act fast to avoid missing out.