Sheffield S2 with 7% Yield potential
Offered with no upward chain this sizeable property in Woodthorpe is an ideal purchase for both investment purposes or to live in yourself. The property is the ideal size for a family and would easily rent out at a good price to make it worth investing in.
With the sale price of Â£95,000 this property is sure to sell quickly, the property is decorated to a high standard and is ready to move into for the next occupiers! At first glance, the new owners would not need to lift a finger. The bathroom and kitchen are both incredibly modern with seemingly new fixtures and fittings. The current owners have put a lot of love and care into this property making sure itâ€™s a high contender with the rest of the properties on the market.
Also on offer is a generous garden space that has the scope to be landscaped into a sitting area or play area for the children.
You can expect to achieve up to Â£550pcm for a property like this, the location is excellent for the city centre so will appeal to professionals who work nearby. This gives a very profitable yield of 6.9%, if the asking price can be negotiated to a little less to around Â£93,000 then you have a 7% yield which is the ideal amount for a rental property.