Blackstock Road, Sheffield S14 with 10.5% Yield
This property is perfect for the entry level investor to pick up something relatively cheap to test the market and experience landlord life!
An asking price like this will only naturally get you a small property in one of the lesser areas of the city but this does not make this a bad investment. The property looks to be in a condition in which it could be rented immediately and there would be a relatively high demand for a rental property such as this.
On the rental market, this one bedroom flat would achieve a rent in the region of Â£350pcm. This would equate to a yield of 10.5%. This is an extremely high yield and will be very attractive for someone looking for a good return on their first investment!
The above being said, this property may still be picked up by an experienced investor as the yield on offer is so great, rarely matched in the city.