Sheffield Buy to Let Deal of the Day – 20 November 2019
Today’s Sheffield buy-to-let deal of the day is brought to the market by Haus.
Located just on the outskirts of the city centre, this one-bedroom apartment is close to the University of Sheffield and the Royal Hallamshire Hospital, so it is likely to attract not only students, but a lot of young professionals particularly those working for either the hospital or the university.
The property itself is modern in appearance and is of a decent size. It is pretty much everything you would expect and want for a relatively new one-bedroom apartment in this area.
On the rental market, I would expect £575pcm to be comfortable achieved, which generates a rental yield of 8.1%. You will have to bear in mind a service charge and ground rent, which will affect the yield, but nevertheless if you can get this property for the asking price, it should prove to be a very good investment.
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