Nether Edge, Sheffield S7 with 4.2% Yield
Ideal for a first time buyer or suitable for an investment, this three bedroom house in the very desirable area of Nether Edge is listed for sale at Â£175,000. I would estimate that the sale price would easily be negotiated down to around Â£168,000 as this is a more realistic sale price for the area.
A property such as this could be rented for up to Â£625pcm if offered on a furnished basis. Whilst the yield may be very low at 4.2%, properties like this are in demand for rent at this time of year. The property needs very little maintenance works carrying out which would make this an ideal first home. The sizes of all of the rooms are generous and nicely decorated.
Nether Edge itself has a very good reputation with sale prices achieving a good high rate.Â
This property may not be a fantastic investment however it will make a fabulous family home whether you choose to rent out or live in yourself!