Oxted Road, Sheffield S9 with 7% Yield
Located in Wincobank, this two bedroom terraced house promises to be a fantastic investment.
The property is a traditional terraced house, with a lounge and kitchen diner on the ground floor. There are two double bedrooms and the bathroom on the first floor.
Generally speaking, the condition of this property is good. The flooring throughout looks to be relatively new and the décor is modern and neutral. The bathroom does appear slightly old, so to maximise this properties lettings potential, a new bathroom would be advised.
Externally, the property benefits from a rear garden, which does require some attention, but nothing a lawnmower couldn’t sort.
This property is currently tenanted at £500pcm, which generates a yield of just over 7%, which is a very good yield, but I believe there is potential to increase the rent to £550pcm, with some minor improvements to the property.
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