Cavendish Street, Sheffield City Centre S3 with 6% Yield
West One in Sheffield city centre is renowned for being one of the most sought after locations to live and it’s even been said that International students arriving in Sheffield know about the whereabouts of West One before they know about where the Universities are!
This apartment is located on the 5th floor of the Aspect side of the buildings, meaning it is on the quieter side and therefore very popular.
Amongst renters, these apartments are a real hit and, thus, command a monthly rent in the region of £850. This then generates a solid 6% yield if a buy to let investor were to take a punt on a property like this.
The size of these apartments make them very popular as they are generally large than the size of competing apartments in neighbouring developments in the city. I’d always advise someone to invest in a city centre apartment if what they are looking for is; high tenant demand, low voids and a good future sell on!
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