Cracknell, Millsands, Sheffield, S3 with 6.4% Yield
On the edge of both the city centre and Kelham Island, this property is in a prime location.
The property comprises of an entrance hall, lounge/diner which is open-plan with the kitchen, two bedrooms and a bathroom.
The condition of this property is good and would be able to move into straight away.
On the rental market, this property could achieve up to £750pcm, which would generate a yield of just under 7%, but even at a rent of £700pcm, which would be much easier to achieve, the yield would be 6.4%.
With all apartments in developments such as this, there is a service charge and ground rent to consider with this property.
We have recently sold an apartment in the same development as this, so with an asking price of £130,000, I would expect this property to be popular.
As always, if you are an investor in the Sheffield property market and would like a second opinion on a property you have seen, then send the URL of the properties you have seen online over. Or if you would like to pop in and have a chat, then you can either email on email@example.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!
Don’t forget to visit the links below to view back dated deals and Sheffield Property News.
Sheffield Property To Let, For Sale Facebook: https://www.facebook.com/groups/1488435804820115
Sheffield Talk Facebook: https://www.facebook.com/SheffieldTalk
Get your FREE NO OBLIGATION, INSTANT Sales Property Valuation:
Get your FREE NO OBLIGATION, INSTANT Lettings Property Valuation: