Sheffield Buy to Let Deal of the Day – 12 June 2019
Recently listed for by Sheffield Residential is a two-bed apartment in the highly desirable city centre development, The Chimes with an asking price of £185,000.
The Chimes is an apartment block located just behind the Cathedral which attracts a mixture of both students and professionals. It is just a short walk away from Sheffield University and Hallam University as well as the train station and Fargate.
The apartment is of as good size with a large lounge which is open plan with the kitchen which is in an excellent condition. Both bedrooms are also of a good size with the master bedroom also comprising of an ensuite. There is also a master bathroom. However, the main standout feature is the larger balcony which has stunning views out over the city.
On the rental market this property is likely to achieve somewhere in the region of £900pcm and the car parking space could achieve an extra £100pcm, resulting in a total yield of 6.4%!