Buttermere Road, Sheffield S7 with 6.5% Yield
With only minor cosmetic works required to bring this property up to standard, this attractively priced three-bedroom terraced house in the Abbeydale Road area makes a great investment opportunity for the buy to let investors out there.
With a pleasant exterior offering a great kerb appeal, this property is nicely presented internally and would require nothing more than a change of carpets and a paint to make this the perfect new home for tenants searching in the area. The kitchen and bathroom are perfectly suitable for rental purposes and the rear garden requires no maintenance whatsoever, ensuring its upkeep throughout tenancies.
On the rental market, this house would perform very well and would be expected to achieve a monthly rent in the region of £625. This would offer the buy to let investor a yield of 6.5%. This is a healthy yield considering the property requires so little work.
Properties such as this are very popular in this area and are often purchased very quickly so, if you’re a buy to let landlord looking for a new property, be sure to act fast if this one interests you.