Ormond Road, Sheffield, S8 with 7.1% yield
Available to purchase in the popular area of Batemoor is this very well designed three-bedroom end terrace house. The asking price is very reasonable and I would expect the property to sell for close to the asking price of Â£100,000.
The property has a wonderfully large garden area perfect for families and all of the bedrooms on offer are extremely good sizes. The only slight change I feel anybody might want to make is to the bathroom, this appears to be slightly outdated so may potentially put some off. This however could be done for a small cost so wouldnâ€™t be a large job for somebody to take on.
This property would achieve approximately Â£595pcm in rent if purchased by an investor, this would then create a 7.1% yield. Based on this and the fact that the property is in an ideal location with a reasonable asking price, I would expect the property to sell fairly quickly.