Park Grange Mount, Sheffield S2 with 8.2% Yield
This two bedroom apartment on the outskirts of Sheffield city centre is an excellent opportunity to acquire a no nonsense investment property that is low maintenance and likely to be in high tenant demand.
Park Grange Croft is located on the tram route and is a stone’s throw away from the city centre and Sheffield Hallam University so tenant demand is naturally set to be very high.
Apartments in this location tend to rent for somewhere in the region of £585 per month and this would generate a yield of 8.2%. This is a highly sought after yield and the property requires little, if any, maintenance/upgrade in order to be offered for rent. This property may require some new carpets and a lick of paint but nothing major appears to be required in order to achieve a quick turnaround.
This is a good solid opportunity for someone to purchase an excellent investment opportunity.
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