Chapeltown, Sheffield S35 with 7.2% Yield
This property on offer maybe a small but at the same time is a quaint two-bedroom terraced house in the popular residential area of Chapeltown, based on this I would expect it to sell for close to asking price.
The property is offered for sale very reasonably at Â£94,950, this would be the ideal home for a small family to either rent or buy. On the rental market I would expect this property to achieve Â£575pcm in rent, this offers a very good yield of 7.2%. Definitely not bad from an investment point of view, the property doesnâ€™t appear to need any money spending on it, it could be rented out in its current condition.
If someone were to purchase to live in for themselves, I expect this would be a nice little home that could be re-decorated and modernised one room at a time. All in all, I do not think this property will struggle to sell at all, it is located in a nice, popular residential area and is on offer for a good price.