Ecclesall Heights, William Street, S10 with 7.6% Yield
This one bedroom apartment appears to be a really good buy-to-let opportunity.
At £85,000 this property is considerably cheaper than a lot of one bedroom apartments in the immediate vicinity. A one bedroom apartment just across the road at Wards Brewery typically sell for over £110,000.
Ecclesall Heights is located just off Ecclesall Road, which is a very much sought after location, but is on the less desirable side of road which contributes to the low asking price.
The property itself is in a good condition, the bathroom may not be to most people’s liking, but nevertheless this property is in a condition to go straight onto lettings market, whereby I believe this property would comfortably achieve £540pcm, which generates a rental yield of 7.6%. Like all developments there is a service charge and ground rent to consider, but even so, this is a very impressive yield.
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