Chesterfield Road, Woodseats, Sheffield S8 with 7.2% Yield
If a project is what you’re after then this is the property for you. On offer at just £90,000 this property is a real bargain when you compare to other prices in the area.
This property is clearly large in size and with a little TLC could be a fantastic property to live in. The property could easily do with £10,000 spending on it, even after this the yield will still be exceptional. The property would comfortably rent at £600pcm generating a yield of 7.2%. Any investor will know this is a yield that certainly makes it worth the work required. The issues in the property are purely cosmetic of course and are easily rectified with a good decorator!
On the rental market, the property would do excellently well and rent extremely easily, the area is incredibly popular with good schools nearby so often attracts families.
I would expect this property to sell for full asking price and very quickly too!
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