Ravenscroft Road, Sheffield S13 with 6.9% Yield
Although in need of modernisation the property has a lower asking price that allows for a little money to be spent on an upgrade whilst maintaining a good yield for an investor with an asking price of just £95,000.
The property is a good size with a spacious downstairs area perfect for entertaining and large family gatherings. To the upstairs of the property, there are two double sized bedrooms and a bathroom that would also benefit from an upgrade in the near future, although this wouldn’t be required immediately.
The location is perfect for families as it is just near a school, with close access links to the motorway and city centre, it is also easy for professionals who are needing to commute. The property would achieve approximately £550pcm in rent once upgraded generating a yield of 6.9%.
The property would make a good investment and I am sure it will sell in no time.
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