Hamilton Road, Sheffield S5 with 9.9% Yield
Available for only Â£60,000 this property is the ideal home for a first time buyer or investor. The property may be on the basic side however for the price, this is all you can expect and is all that is needed!
The property would rent out easily at Â£495pcm creating a yield of 9.9%, which is an incredibly high yield and it appears that there are no works required. This property could work out to be very low maintenance cost wise so it would be an ideal purchase for a first time buyer with limited funds or an investor looking to make as much money as possible. This area in particular has many properties on the rental market so I would expect this property to rent very quickly.
Overall, I think this property will do excellently well on the sales market and sell for asking price in a short space of time.