Handsworth, Sheffield S13 5.48% Return on Three Bedroom Semi Detached
This property certainly needs some work doing, but fortunately does have a new kitchen and new bathroom, none of which are really eye-catching, but are certainly fit for purpose.
With new carpets and redecoration in the living area, dining area and all three bedrooms, this property would make a great home. The estimated cost this would be approximately Â£1,500, the expensive parts have already been done.
I would predict a rent of approximately Â£600pcm for this property, which would mean a yield of 5.48%. This is a low yield and there are better options when it comes to buy-to-let properties.
I believe that in a couple of years, if the works were done as suggested this property would be worth over Â£140,000.