The Brew House, Sheffield, S11 with 5.3% Yield
Do your research before considering this property to buy.
Overpriced at Â£130,000 this 1 bedroom apartment in the Wards Brewery Development is sure to be a slow mover when it comes to attracting offers.
The property, only on the third floor is not especially that large and doesnâ€™t offer anything spectacular or unique.Â
A similar property for sale at the moment in a neighbouring building is offered at Â£20,000 less at would achieve a similar rent of Â£575pcm
On this basis, the yield is fairly low of 5.3%, there are definitely better investments to be had and I would suggest shopping around a little bit before considering this property.