Handsworth, Sheffield S13 with 6% Yield
With only a splash of paint required, this three bedroom property is almost ready to go in terms of a buy to let investment.
Â Handsworth is a very popular rental area and properties such as this are in high demand with young families who simply cannot afford to get themselves on the property ladder.
This is a situation that buy to let investors will naturally aim to take advantage of as they could achieve a monthly rent of Â£600 for this house which would equate to a yield of 6% against a purchase price of Â£120,000.
The property does require some attention to bring it up to the required standard to be able to rent to tenants but not much work is needed so it makes for a tasty little investment.