Sheffield Buy to Let Deal of the Day – 20 February 2019
Today’s Sheffield buy-to-let deal of the day is brought to the market by William H Brown.
Located in Handsworth, this property should be popular on the sales market with an asking price of £110,000.
The property comprises of a hall, lounge and kitchen/diner on the ground floor. All three bedrooms and the bathroom are on the first floor.
The property does require some work, but some rooms are perfectly habitable, such as the living area which looks to be in a good neutral condition.
Externally, there is a driveway to the front and side of the property for at least two cars. There is an enclosed garden to the rear, which also benefits from having an out-house.
On the rental market, if this property was in a good modern condition, I would expect it to achieve £650pcm, which would generate a yield of just over 7%. Of course, this does not take into account the cost to modernise the apartment, but nevertheless, this property is a fantastic investment opportunity.
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