Butcher Works, Sheffield City Centre with 6.8% Yield
I have blogged about Butcher Works before due to the quality of the apartments on offer here and the character they possess.
I have chosen this particular apartment because the yield available on this property outshines that available on some of the others recently listed for sale in Butcher Works. The yield at present on this apartment is 6.5% but I personally believe a higher rent is achievable, around Â£800pcm, which would equate to a yield of 6.8%.Â This is very high for such a high quality property.Â
I have said before and will repeat that these properties in Butcher Works ooze character and are forever popular with both owner occupiers and buy to let investors for the high demand of tenants that is in place.
There are many developments in Sheffield city centre that are all very similar with nothing necessarily to set them apart from the rest. Butcher Works is a prime example of the opposite of this as a converted grade 2 listed building with allÂ modern fixtures and fittings to really impress.