Sheffield Buy To Let Deal of the Day – 03 October 2018
Today’s Sheffield buy-to-let deal of the day is brought to the market by Reeds Rains.
Although requiring a lot of modernisation, this property is likely to be popular with a very low asking price of £110,000.
The property comprises of a lounge, kitchen and WC on the ground floor. All three bedrooms and a wet room are on the first floor.
Throughout the property appears very dated, so a full refurbishment is likely to be needed and the cost of this would need to be taken into consideration.
Externally, the property benefits from having a garden to the rear and a driveway to the front of the property.
In a good modern condition, I would expect this property to achieve £650pcm, which generates a yield of over 7%, but this does not take into account the cost of a refurbishment.
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