Mosborough, Sheffield S20 with 5.87%
A real Christmas cracker! This stone built property looks to be a great buy at Â£122,500.
Throughout the property there is a modern feel with a traditional twist. The living room is tastefully decorated and the fire place adds character. The kitchen, which is incidentally open plan with the living area is in pristine condition with space in abundance. Onto the first floor where the newly refurbished bathroom is located alongside the first bedroom, which again is tastefully decorated and has plenty of space. Going into the attic, the second bedroom has exposed beams adding character and plenty of space. Outside and to the rear, there is an enclosed garden, which appears easy to maintain and has a small pond.
On the rental market, I would expect this property to achieve Â£600pcm, which means that should a sale be agreed at asking price, the rental yield would be 5.87%, which is reasonably good yield. Higher yields in other locations can be found, but in Mosborough you are unlikely to attracted undesirable tenants.
Properties in Mosborough do tend to sell quicker than average. With the good schools and nursery, it is popular with families.