Basford Drive, Sheffield S9 with 6.6% Yield
A two bedroom semi-detached house for sale in Sheffield is available in the popular area of Darnall, whilst the area may not have the best reputation, it is situated in a postcode that is highly populated by renters so there is plenty of demand.
This property is brought to the market in a super condition with little works required and a reasonable asking price of £90,000. For an investor, this is likely to have the right numbers with a potential yield of 6.6% on the table. This yield is based on a rental income of £500pcm which should be achievable given the condition.
Throughout the property it is clear that the house has been looked after but might benefit from an upgrade in the bathroom and kitchen in the near future but in the immediate term, the property is perfectly suitable.
The property would comfortably rent in no time at all once advertised as the area has a high demand for renters. The property will no likely sell for just under asking price for around £87,000.
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