Beighton, Sheffield S20 with impressive 7% Yield
With Crystal Peaks a short walk away, good primary and secondary schools and good transport links into the city centre, Beighton is a very popular yet affordable area. Due to this a lot of first time buyers and young families are drawn to Beighton.
This house looks ideal for a small family and first time buyers. There is nothing that needs to be done to this property and is ready to move into straight away. This house has the advantage of an enclosed rear garden, which other properties nearby do not have giving this property an edge over those.
Not only would this property make a lovely home, it would also be a wise investment. This property could be rented at a monthly rent of Â£550, which means that if purchased at asking price, the yield would be approximately 7%! A very impressive yield considering there is no service charge or ground rent.Â
The demand for rental properties in Beighton is very high so the chance of any large void period would be low.Â
A yield of 7% is excellent from a buy to let point of view so the advertising agent should definitely be contacting any investors they have on their mailing lists!
At this price, I canâ€™t fault this property and will certainly be recommending it to clients of mine should they be looking to add to their portfolio.