Park Grange Croft, Sheffield S2 with 8.2% Yield
Check out this excellent investment opportunity on the outskirts of Sheffield city centre offering an exceptional return on investment.
In the popular Park Grange Croft development, there are many two bedroom apartments, a lot of which are rented. This particular example is very well presented with a modern feel to it and requires no remedial works should it be purchased by a buy to let investor.
The property is currently tenanted until July 2016 with a yield on offer of 7.25%, which is very good, but I personally believe this could be improved on. With a realistic monthly rent of Â£650, a yield of 8.2% is achievable, even better than the already impressive yield on offer!
With ample parking and a very spacious property, this apartment is a real delight and is expected to be snapped up in quick time.