Halfway, Sheffield S20 with 7.1% Yield
Added to the market today is a one bedroom townhouse in the Halfway area of Sheffield.
This is a very popular area with renters, particularly young couples whom this would suit down to the ground. As a result of its popularity with tenants, itâ€™s also popular with buy to let landlords so they will have their heads turned by todayâ€™s listing.
With an asking price of Â£79,950, this is a ready-made investment and is perfect for someone to complete on the purchase of and move tenants right in. With a high quality kitchen and bathroom and a very spacious garden in contrast with property size, Iâ€™d certainly think a monthly rent of Â£475 would be achievable. This would then result in a yield of 7.1% which is definitely not something to turn your nose up at!
Oakworth Close is situated in a very much sought after area and this particular property has an attractive kerb appeal and sits very nicely amongst similar houses.
I donâ€™t anticipate a long stay on the market for this property so would advise any potential interested parties to act fast. This looks to be one of the best investments on the market within this price range so will naturally stir up a lot of early interest. It also sits in a price range to attract first time investors which will further increase the target audience.