Butcher Works, Arundel Street, Sheffield City Centre with 5.7% Yield
Butcher Works is one of Sheffield city centreâ€™s most desirable developments and the apartments, coupled with the communal areas and surroundings, ooze character and sophistication.
These apartments make for great investment opportunities and are some of the most popular in Sheffield when introduced to the rental market.
Any buy to let investor would be wise to purchase an apartment here and could enjoy a fantastic monthly rent of Â£625, resulting in a rental yield of 5.7%.
Add to this the fact that you can attract some of the most desirable tenants in the city as the popularity of these apartments is so great. This ensures low costs to maintain the property as high quality tenants, who would be likely to reside in the property for a number of years, would care for your investment as though it were their own. I am also aware that these properties have literally no void periods! If a change in tenant is required, with the right marketing, a landlord can move tenants out one day and move new ones in the next!