Occupation Lane, Sheffield, S12 with 7% Yield
This two bedroom property looks to be a great buy at just Â£95,000. There are some areas in need of modernisation, but the majority of the property is of a high quality.
The living room is really unique, with exposed beams and exposed stonework. This room may well divide opinion, some may feel that it is a little old-fashioned, others may feel it has bundles of character, I would personally be of the opinion of the latter.
The kitchen and bathroom, both look really modern and recently refurbished. The kitchen in particular is of a really high spec.
Both bedrooms do appear old-fashioned, but with new neutral carpets and paint and with more modern furniture in, this would vastly improve the bedrooms at a minimal cost.
This property also benefits from an enclosed rear garden with an outhouse.
Located just off Birley Moor Road, this property is ideally located for access into the city centre, but without all the traffic noise.
Transport links into the centre and Crystal Peaks are fantastic from this area.
On the rental market, this property could achieve Â£550pcm, which means that if purchased at Â£95,000, the yield would be just under 7%, which is a marvellous yield.
Â I would expect this property to sell quickly.