Fretson Road South, Sheffield, S2 with 7.4% Yield
Although requiring a little bit of a spruce up, this property looks to be a very fair price at just £85,000.
The property comprises of entrance hallway, lounge and kitchen all on the ground floor. Both bedrooms and the main bathroom are one the first floor.
There are some areas of this property which would benefit from being modernised, gut generally the condition of this property is good. The areas which I feel would most benefit from modernisation are the kitchen cupboards and the tiles around the bath, which both look outdated somewhat. To improve these two aspects would be of a minimal expense and would make a big impact.
On the lettings market, this property should comfortably achieve £525pcm, which generates a yield of 7.4%, which is a fantastic yield considering how little work needs to be done to the property.
http://www.zoopla.co.uk/for-sale/details/43214801
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