Mandale House, Bailey Street, Sheffield City Centre with 8.1% Yield
Repossessions are often where the best bargains are to be had when it comes to investment properties and this repossession is a perfect example of that quality of property on offer.
Mandale House, in Sheffield city centre, is a building I know well and this apartment is a second floor, garden facing one bedroom apartment that is a real hit on the rental market when available.
There are many investors who have purchased property in this development and a monthly rent is commonly achieved at £585, offering a yield of 8.1%.
These properties are situated exactly where tenants are looking and this particular apartment looks to include furniture, so really is a no brainer if someone is looking for an easy let and a good solid yield.
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 firstname.lastname@example.org or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!
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