Sheffield Buy to Let Deal of the Day – 17 September 2018
Today’s Sheffield buy-to-let deal of the day is brought to the market by Blundells.
With an asking price of just £120,000, I would suggest that this property is under-priced and is likely to sell for over asking price.
In recent months, properties of a similar size and condition in Sothall have sold for in excess of £130,000.
The property comprises of a lounge and kitchen-diner on the ground floor. Both bedrooms and the bathroom are on the first floor.
The condition of this property does appear somewhat basic in comparison to other properties in the area, but nevertheless it is fully habitable, but may benefit from being spruced up somewhat.
Additional benefits include an enclosed rear garden and a driveway to the front of the property.
On the rental market, I would expect this property to achieve £600pcm, which would generate a yield of exactly 6%.
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