Pembrey Court, Sheffield, S20 with 6.5% Yield
This two bedroom property looks to be a bargain at just Â£110,000.
Sothall, which is located next to Rother Valley is a very popular village in the S20 area, so house prices do tend to be higher than the average price in Sheffield. Having said this, this particular property is a great price.
The property itself consists of a porch as you enter, breakfast kitchen and a lounge. Upstairs are two bedrooms, one of which is a double room, the other is ideally used as a childâ€™s bedroom and a bathroom.
Throughout the property is relatively modern, the only real improvement that could be made would be to replace the fireplace in living area.
On the rental market, this property could achieve Â£600pcm, which would equate to a yield of approximately 6.5%, which is considered a brilliant yield. Thus I would expect interest from buy-to-let investors in addition to owner occupiers.