Meadowcroft Gardens, Westfield, Sheffield with 7.4% Yield
An ideal property for an investor this two bedroom terraced house is on the market for just £85,000. Situated in the popular residential area of Westfield, the property is located in a key area for rentals so will more than likely do well on the rental market.
The property is a little outdated internally but nothing too major with the kitchen and bathroom maybe needing a spruce up in the near future. The property benefits from a small, enclosed garden making this ideal for anybody with a family who might have the little ones to watch, this is another appealing factor when it comes to choosing a rental property for a family.
In its current condition, the property would comfortably achieve £525pcm meaning the yield generated here would be approximately 7.4%. In terms of investment, this is an ideal amount to achieve as it really is a high yield for this particular area. The asking price of this property is definitely a reasonable one at £85,000 and will likely be snapped up by an investor who has a smaller budget to play with.
Westfield is an area that has a high demand for good, quality properties such as this so I would not expect the property to be on the market for very long at all.
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