Richmond Farm Mews, Sheffield S13 with 6.9% Yield
A beautifully presented two-bedroom apartment available for a very reasonable asking price of Â£95,000. The owners have certainly taken care of this property to ensure it is well looked after and nicely presented when brought to the market. This property is an ideal investment as the yield on offer is around 6.9%, for a two-bedroom property that isnâ€™t in the City Centre, this is an excellent yield. This property would achieve approximately Â£550pcm in rent if offered on an unfurnished basis, for properties not in the city centre, unfurnished properties are more in demand.
This apartment is tastefully decorated and would be a perfectly suitable property for a young couple looking for an edgy apartment within the outer city. The area itself is definitely a popular area for rentals, the rent prices tend to average out at between Â£525 – Â£595pcm for a two-bedroom property. As it is an apartment, it will be low maintenance costs so ideal for both investment purposes and a first time buy.