Heritage Hall, Crookes, Sheffield S10 with 10.5% Yield
A perfect investment opportunity on offer in Crookes for a bargain price, I would expect this property to sell in no time! If youâ€™re looking to jump on the investment bandwagon this property really is the ideal choice.
With guaranteed rent until August 2016 and the property located in a prime location for students, youâ€™re probably not going to get any better value for your money.
Â£57,000 is an incredibly good asking price and I would expect that youâ€™ll achieve at least Â£500pcm for this property. With this in mind, there is an extravagant 10.5% yield on offer, we do not see yields as high as this very often so the opportunity to purchase such a great investment should be taken without hesitation.
Crookes is a heavily populated student area and there are minimal void periods with these kinds of properties. This one is definitely well worth a look!