Barnsley Road, Sheffield S5 with 7.6% Yield
With an asking price of just £75,000, this two bedroom property would be an ideal investment for a first-time investor. With the low asking price and anticipated low maintenance of this property, the risk factor is very low.
The property itself comprises two double bedrooms a large living area which is open plan with the kitchen, a hallway and a modern bathroom, which is also of a very good size. This property is very modern throughout and is neutral in décor. The property also benefits from having a Juliet balcony and an allocated parking space.
On the lettings market, I would expect this property to achieve £474pcm, which would generate a yield of 7.6%, which is a fantastic yield! It is worth considering that there will inevitably be a ground rent and service charge, but even so a yield of 7.6% is very impressive.
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