Sheffield Buy to Let Deal of the Day – 25 March 2019
Today’s Sheffield buy-to-let deal of the day is brought to the market by 2 Roost.
This stone-built two bedroom property looks to be terrific value at just £115,000.
The property comprises of a kitchen-diner and lounge on the ground floor, both bedrooms and the bathroom are on the first floor. The size of this property is ideal for a couple either living on their own or with a young child due to the smaller second bedroom.
The property is an immaculate condition and benefits from having a neutral décor, allowing a buyer to add their own stamp.
Additional benefits include a cellar and a low-maintenance enclosed garden to the rear.
When taking into the account the area, size and condition, I believe this property would achieve £575pcm on the current rental market, which would generate a yield of exactly 6%. Given the potential returns, I would expect this property to be of interest to many investors and would also be extremely popular with first-time buyers.
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