Halliwell Crescent, Southey Green, Sheffield S5 with 7.7% Yield
Located in Southey Green, this two bedroom terraced house is in an excellent condition and seems to be a bargain for just £77,500.
The property comprises of a lounge and kitchen diner on the ground floor. Both bedrooms and the bathroom are located on the first floor. Throughout this property is in an excellent condition and does not require any improvements if it was to go straight onto the lettings market. This property also benefits from having a lovely rear enclosed garden which is set over two levels and does benefit from having a shed.
On the rental market, I would expect this property to achieve at least £500pcm which would generate a very impressive yield of 7.7%. The S5 postcode is known for achieving high yields, but even so 7.7% is very impressive and if anything is a cautious estimate.
At such a price, I would expect interest to be very high for this property.
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