Gleadless, Sheffield S12 with 7.2 Yield
Listed just 2 days ago by Key2Go but offering no internal photographs whilst having an internal floorplan indicates that the agent advertising this property has chosen not to photograph the inside and has chosen to do so for a reason!
The most likely reason being that it looks to require some serious updating and refurbishment, hence the attractive asking price of Â£100,000. A property of this size and in such a location, if in good condition, would achieve a rent of around Â£600pcm. This would result in a yield of 7.2%. This would be ideal but there is likely to be much more of a cost than the purchase price, with work being required to upgrade!
This property will be expected to sell quickly and most likely to someone who will either upgrade and become landlord, or someone who will upgrade and sell on. Either way, for the right person, there is a profit to be made.