City Road, Sheffield S2 with 6% Yield
A real bargain of a property on the outskirts of the city centre.
We are aware of properties on this same road that have sold for over this asking price and have not been of the same quality and of a very similar size.
Other similar properties have rented for £525pcm on this road, which would mean a yield of 6% assuming a sale at asking price was agreed.
The kitchen and the bathroom in this property are both in a good condition and I would personally not be making changes to these two rooms. Elsewhere some of the carpets do look to worn and these may be worth changing to increase the chances of achieving higher rents than £525pcm.
High interest is expected for this property, so a quick viewing and offer is advised.