Harris Road, Sheffield S6 with 6.2% Yield
Albeit for sale by auction, if someone is lucky enough to purchase this property at the asking price, they would feel as though all their birthdays have come at once!
This is a sensational property in a hugely sought after area so this asking price would certainly be a steal if someone can negotiate the deal.
Properties for sale at auction are often snapped up by investors, whether that be buy to let or to refurbish and sell on. It’s likely that this property would be purchased by a buy to let landlord with the high quality condition it’s in.
A buy to let investor would be in a position to achieve a monthly rent of £700 due to the area in which this property is located which would generate a rental yield of 6.2%. This is extremely attractive to investors, particularly with the property being in such as great condition, requiring no work and therefore being ready to move into.
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