Although requiring some minor cosmetic works, this two bedroom property looks to be a real steal on the market at a mere £95,000. Location is ideal here and the property sits attractively away from the road, offering gardens to both front and rear and a pleasant kerb appeal.

This low asking price will in no doubt attract interest from investors who will be pleased to hear that a monthly rent in the region of £500 could be achieved if the property were to receive a little TLC. Only a small amount would need to be spent to bring this property up to standard so for ease, I’ll suggest £5000 in remedial works.

A total spend of £100,000 would equate to a yield of 6.6% which is very attractive for a property that would rent so easily and this will attract lots of interest from buy to let purchasers. The property most likely won’t be on the market for long as it may also attract young families and first time buyers.

http://www.zoopla.co.uk/for-sale/details/42130446

As always, if you are an investor in the Sheffield property market and would like a second opinion on a property you have seen, then send the URL of the properties you have seen online over. Or if you would like to pop in and have a chat, then you can either email on info@sheffieldresidential.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!

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