Hillsborough, Sheffield S6 with 6.5% Return
Set in the heart of Hilsborough and in the vicinity of Hilsborough Park, this three bedroom terraced property has been listed for sale with an online agent this week, emoov.
The property has been photographed very well and all rooms are shown to their full potential as a result. This house has certainly been cared for and the owner clearly takes pride in its appearance so anyone who views will be impressed no doubt.
I chose this property to blog about specifically because it does make such a solid investment. A monthly rental income of Â£600 would be a realistic figure and this would therefore offer a yield to any buy to let purchaser of 6.5%. This is attractive to investors with minimal overheads and no cosmetic work required whatsoever and a garden that requires no maintenance so therefore poses no potential problems from tenants not maintaining.
This house is perfect for a landlord to own and is exactly what a tenant who wants to live in the area would be looking for.