Hillsborough, Sheffield S6 with 6.2% Yield
Advertised over the Bank Holiday weekend is this quirky three bedroom terraced property in Hillsborough. Iâ€™ve said before that Hillsborough is a very popular area and it appears it will forever remain so and this property is a prime example of the quality, spacious houses that are on offer here.
Situated on a popular street and with a typical layout for the area, this three bedroom property will not disappoint any viewers and minimal, if any, work is required to make this house a new home for someone. Itâ€™s already neutrally decorated with a high quality kitchen and bathroom so this will also attract the attention of any investor purchasers looking to acquire property on a buy to let basis. An achievable monthly rent of Â£625 for this house would equate to a yield of 6.2% if purchased for the advertised Â£120,000.
This is a very popular area from both a sales and rental perspective so anyÂ investor who does purchase will enjoy a quick and easy let with a high demand. Usually, tenants who take on property in the area to rent tend to stay around for quite a while which is also an attraction to potential landlords.
This property is a prime example of a perfect home to rent out as itâ€™s ready to go and, as a result, will be likely to attract a lot of early interest from investor purchasers and first time buyers.