Broomhill, Sheffield S10 with 7.78% Yield
This one bedroom property is bound to attract high interest.
The S10 and more specifically Broomhill area attracts interest from both professionals and students on the rental market. Broomhill has a very good reputation and given it is close to the city centre, it is very popular.
The property itself has an exceptionally large living area, which appears very bright and characterful. The kitchen is rather small and does appear a little bit basic, but still quite modern. The bedroom is an unorthodox shape, but it is nevertheless a large room and is very bright and airy. It is a disappointment that this property does not have a bath and the bathroom is rather basic. The living room and bedroom are certainly the most impressive rooms in this property, but for buyers looking for a property with a large kitchen and a bath, this property will not be suitable.Â
From an investment perspective, this property should achieve Â£650pcm, which does equate to a yield of 7.78%. This will no doubt attract a lot of investors.Â I would also expect first time buyers to be interested given the asking price.