Scotland Street, Sheffield City Centre with 6.9% Yield
A perfect city centre investment is on offer in one of the most popular developments in St Georges quarter for only Â£100,000. This property has previously been listed for sale with another agent for a slightly higher price.
This property would achieve approximately Â£575pcm in rent making the yield on this property 6.9%, a very hot investment indeed. The size of this apartment is definitely by no means small when you compare to other apartments based in building nearby, so for Â£100,000 youâ€™d be getting plenty of floor space.
I think this property will sell for slightly less than asking price given the uncertainly of the buy-to-let market at the moment, I would expect the property to sell for closer to Â£95,000.