Coisley Road, Woodhouse, Sheffield S13 with 7.3% Yield
A fantastic property all round located on the outskirts of Woodhouse, this three-bedroom terraced house is on the market with an asking price of £90,000.
The property is brought to the market in super condition with renovation works clearly taking place in throughout the majority. The bathroom and kitchen might benefit from an upgrade in the near future however for now, it is certainly useable. I feel the asking price is very fair given the area in which it is located, Woodhouse is very popular amongst both renters and buyers and I think this property would do well on the rental market.
If purchased by a buy to let investor, I would think a yield of 7.3% is easily achievable based on a rental income of £550pcm being achieved. The property is in a good condition so would not struggle to rent.
Overall, I think the property will sell for the full asking price, whether it is an investor or first-time buyer, the property is definitely a good buy!
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