Beighton, Sheffield S20 with 7% Yield
This property seems excellent value for money at Â£90,000.
There are areas of this property that are in need of modernisation, but the character this property offers outweighs the work needed on this property.
The kitchen diner in my opinion is the most impressive room, the agar cooker certainly stands out and the size of this room is very impressive.
The living room, although small, also offers a lot of character. The fire place plays a big part in this. Some will feel that this room would benefit if modernised and I would agree, however I do feel it is important to keep the character.
The main bedroom does look to be in a decent condition, however the absence of furniture does make this room appear bare, with some new curtains, a modern bed and new wardrobes this room would appear more impressive.
The second bedroom certainly needs new carpets, but this room would make an ideal study or guest bedroom.
The bathroom may put people off with its position. A lot of buyers prefer the bathroom to be upstairs, unfortunately this bathroom is downstairs. This may however appeal to those who donâ€™t find getting up and down stairs as easy.
There is a small rear paved garden, which is very private and pleasant. The rear garden is very large and provides a long distance from the road to cut down on traffic noise, which shouldnâ€™t be much of an issue in any case given the road is not particularly busy.
From an investment perspective, with some minor improvements this property should achieve a minimum of Â£525pcm, which means that at Â£90,000 the yield would be 7%.