Intake, Sheffield S12 with 7% Yield
This property looks to be an ideal first time buy or buy-to-let investment property.
At Â£85,000, this will be in the majority of first time buyerâ€™s budgets. A lot of first time buyers wonâ€™t have the disposable income to spend money on changing the property to modernise it or in some cases make the property liveable, so it is a bonus that this property is in an excellent condition and would be ready to move into immediately.
Starting with the kitchen, although not to highest specification, this room is relatively modern and plenty big enough. The two reception rooms are also of a high quality and do not lack in the character or space department.
As this property is set over three floors, there is the luxury of a very large family bathroom, a modern first bedroom and again a very modern and spacious attic bedroom.
The rear garden is enclosed looks very low maintenance, so will attract those with not much time to spend on gardening.
The low price of Â£85,000 will attract investors, I expect this property to achieve Â£500pcm on the rental market, which will equate to a rental yield of over 7%!