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!
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 email@example.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!
Don’t forget to visit the links below to view back dated deals and Sheffield Property News.
Sheffield Property To Let, For Sale Facebook: https://www.facebook.com/groups/1488435804820115
Sheffield Talk Facebook: https://www.facebook.com/SheffieldTalk