Sheffield Buy to Let Deal of the Day – 27 February 2019
Today’s buy-to-let deal of the day is this one-bed apartment in St Pauls City Lofts, S1 with an asking price of £149,000.
This property may seem expensive for a one-bed apartment in the city centre but City Lofts is the most desirable, highly sought after apartment building in Sheffield.
The properties looks extremely modern with the bathroom being beautifully finished to a very high standard.
The living room and kitchen is all open-plan and given that it is on the 26th floor, has stunning views out over the city. The bedroom is also of a very good size, easily big enough to fit a double bed, a desk and a wardrobe.
Given that the property is in the city centre the majority of potential tenants will be students with the exception of some professionals wanting to be close to the train station.
With the asking price being £149,000 and the expected rental income being £775pcm, this would work out at a very attractive yield of 6.2%!
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