Handsworth, Sheffield S13 with 6.5% Yield
This property is potentially a fantastic investment. Other properties in this area have recently let for between Â£575 and Â£600pcm. This equates to a yield of between 6.2% and 6.5%, these yields are widely considered as excellent.
The property itself is certainly not in a bad condition either.Â Starting at the front of the property, the living room is a very large room and is neutrally decorated to a high standard. The kitchen is more of a kitchen diner given its size, the dÃ©cor will not be too everybodyâ€™s liking, but the condition is not particularly bad.
Going upstairs the bathroom appears to be in a decent condition. There are only pictures of two of the three bedrooms, the larger of the two is not in a bad condition, but a prospective buyer may wish to replace the wall paper. The other bedroom does have a lilac coloured wall, I imagine a buyer may wish to change this.
The rear garden does look to go back some way and is enclosed, this will definitely appeal to young families.
There is a yard to the front of the property, at present it does look a bit overgrown, but could easily be tidied up and this area could be used as a driveway.