Dyke Vale Road, Sheffield, S12 with 6.7% Yield
This two bedroom property in Hackenthorpe is in a fantastic condition and is very realistically priced at just £115,000.
The property comprises of a hall, lounge and dining kitchen on the ground floor. Both bedrooms, the bathroom and separate WC are all on the first floor.
Throughout this property is a fantastic condition, but I am particularly impressed with the top of the range kitchen and bathroom. This property also benefits from having a front and rear garden, which has been well looked after and low maintenance.
On the rental market, with such a specification, I would expect this property to achieve £650pcm, which would generate a yield of 6.7%, which considering that no work is required, is a brilliant yield.
The asking price of £115,000 is within the first time buyer bracket, so I would expect a lot of interest for this property from not only investors, but also owner occupiers.
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