Coode House, Millsands, Sheffield S3 with 6.4% Yield
Located close to both Kelham Island and the city centre, Coode House is a very popular development.
This corner unit comprises of a living room which is semi open plan with the kitchen, two bedrooms, one of which has an en-suite and a main bathroom. The condition throughout is very good and would be fine to advertise to let immediately. The property also benefits from having a large curved balcony and an allocated car parking space.
Coode House is a development we are familiar with and have let similar properties to this for £700pcm, this would generate a yield of 6.4%, which considering no work is required is a very good yield.
As is the case with all apartments in developments such as Coode House, there is a service charge and ground rent to consider which will affect the yield, but nevertheless I believe this property is a fantastic investment.
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