New Cross Drive, Sheffield S13 with 9.8% Return!
A corker of a property available in S13 at only Â£69,950! This property is offered tenanted so would make for the ideal property to purchase as an investment.
This property would easily achieve Â£575pcm in rent, this area is popular for rentals so would not struggle to rent for this amount. The yield on this property if purchased for full asking price is a staggering 9.8%!
A 9.8% yield is definitely desirable and is more than what you would achieve on a city centre property. Although there are no images showing the internal condition of the property, houses such as this are typically easy to maintain and the costs involved are reasonably low.
All in all, this property is a fantastic investment and a good property to purchase over all whether youâ€™re looking for an investment or for owner/occupier purposes.