Meersbrook, Sheffield S8 with 5.3% Return
Meersbrook is one of Sheffieldâ€™s most desirable areas to live in at the moment with good local schools and parks; this is the place to be for many growing families.
This property, listed today by Hunters is reasonably priced at Â£139,950 for the area, the rooms are large and the garden is a generous size.
A property like this would expect to achieve around Â£625pcm in rent (if furnished) therefore giving you a yield of 5.3% which is not all that high.
I would not recommend purchasing this property if an investment is what youâ€™re after as the return isnâ€™t spectacular, better investments can be found elsewhere.
I do however feel that this is a reasonably priced family home and should be considered if a secure, safe property is what youâ€™re after.