Intake, Sheffield S12 with 6.2% Yield
Newly listed to the market is this three bedroom terraced property in Intake which offers an excellent investment opportunity to any prospective buy to let purchaser.
This property is certainly ready to go in terms of being introduced to the rental market as it boasts and excellent modern kitchen, lovely bathroom and is neutrally decorated throughout. The gardens offers space to please any prospective tenant without requiring too much by way of maintenance to upkeep the standard.
Situated in a high demand area for potential tenants, this property certainly wouldnâ€™t be available for long from a rental perspective and would comfortably achieve a monthly rent of Â£550. When analysing this monthly rent with the purchase price of Â£105,000, a rental yield of 6.2% would be achievable. This is certainly an impressive yield for a property that does not require any work doing at all and will definitely interest potential buy to let purchasers.
Intake is an area of Sheffield that isnâ€™t very far from the city centre and offers excellent transport links to the city and beyond so this property is likely to attract a lot of early interest I imagine.