Halfway, Sheffield S20 with 6.1% Return
Here I have found a beautifully presented property that I believe would make for an excellent investment.
Halfway is a very popular residential area in Sheffield and is well known for the end of the blue Supertram route, so naturally has excellent transport links across the city.
This house is a perfect example of the caliber of terraced property you find in the area and is very well presented for what I believe will be a quick sale.
It has the key ingredients to make for a good investment by having a nice kitchen and bathroom, a good quality garden and a very popular location. With this in mind, I would predict this property would comfortably achieve a monthly rent in the region of Â£565. This would enable a buy to let investor to achieve a yield of 6.1%.
There appears to be no work required to the transition from completion to an income stream would be minimal and seamless.