Chippinghouse Road, Sheffield S8 with 6.8% Yield
Although not the most glamorous property you will ever see, this property is more than reasonably priced at just under £110,000.
S8 is generally a popular postcode, but as is the case with nearly all post codes, some areas within the postcode are less desirable than others. The specific location of this property is one of the more popular locations within this postcode. This property is located just off the well-known Chesterfield Road and is only a short walk away to Bramall Lane. It is also within walking distance of the city centre, albeit many in this area opt to catch a bus into the centre given how good the transport links are.
The property itself is in a decent condition, but modernisation throughout would be recommended.
With a bit of work, this property could achieve approximately £625pcm, which would equate to a yield of 6.8%, which is widely considered as a brilliant yield.
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