Wostenholm Road, Nether Edge S7 with 7.3% Yield
Perhaps not the most glamorous of properties you will ever see, this one bedroom apartment is a real steal at just £72,000!
The property comprises of kitchen which is open plan with the living area, a spacious bedroom and a fully fitted bathroom.
The property is generally in an average condition and would let out in this current state, but there is definitely room for improvement/modernisation.
Additional benefits include allocated parking.
In terms of location, this property is situated in the very popular area of Nether Edge, where I would normally expect properties around here to be much more expensive.
In its current condition, I would expect this property to achieve £450pcm, but with a bit of a spruce up, £475pcm would not be beyond the realms of possibility. This would generate a yield of 7.3%.
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: