Stone Street, Mosborough, Sheffield S20 with 6.5% Yield
A wonderful end of terrace property in the highly desirable area of Mosborough, this property is on offer for sale at £105,000. The property is a little outdated in places however the location alone is enough to entice viewers as Mosborough is an incredibly popular residential area. Offering a small but enclosed garden and reasonable sized rooms throughout, it is a given that this property will not take long to sell.
The downstairs in the property is small but can be worked with, with the right use of furniture and decoration to brighten the place up. The two bedrooms are not overly generous in size however one of the rooms is a comfortable double so would be suitable for a couple. The property would be ideal for renters and would comfortably achieve £575pcm in rent generating a yield of 6.5%, this is not a bad yield considering the area in which the property is in. The property is market in Mosborough is positively booming with terraced houses like this being snapped up when priced correctly.
Although the property maybe small, it is not lacking in potential and with a good asking price and solid return on offer, I am sure this property will sell in no time.
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