Greenwood Avenue, Sheffield S9 with 8.1% Return
A fabulous two-bedroom house that appears to be in an excellent condition is likely to sell for the asking price given its ideal location, size and finish. I would expect this ideal little home to sell for the asking price of £85,000.
Whilst the rooms maybe a little bland, this gives the new owner the scope to start again with ease and make this into their very own home. For an investor purchasing, the property is virtually ready to be let as the kitchen and bathroom seems to be perfectly modern and it a good condition. Properties within this area are an easy let as the people that cannot afford to purchase property tend to aim for the good residential areas to rent and can normally afford up to £575pcm, so this will easily be achievable.
I would expect this property to achieve £575pcm based on the above, offering a super yield of 8.1%, this is most definitely a good yield and with no real works required, I would expect this property to be snapped up in quick time!
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