This one bedroom property is another fine example of an ideal investment for someone who is new to the buy-to-let investment game. 

Given the low asking price and that there is a current tenancy in place achieving £420pcm, this property guarantees a very healthy yield of approximately 7.2%.

I do feel that the current rent of £420pcm could be improved to £450pcm in line with similar rental properties in this area, this would generate an even more impressive yield approximately 7.7%!

The property itself is in a very good condition and requires no further work and also benefits from having an allocated parking space. 

The service charge and ground rent are very reasonable at just £300 and £50 per annum respectively.

The S6 postcode is a very popular location, so with such a low asking price, it is difficult to see this property staying on the market for long.

http://www.zoopla.co.uk/for-sale/details/43516419

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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