Sheffield Buy to Let Deal of the Day – 29 October 2018
Today’s Sheffield buy-to-let deal of the day is brought to the market by Willam H Brown.
This property is very outdated, but is nevertheless likely to be very popular with an asking price of £120,000.
The property comprises of a lounge, kitchen and conservatory on the ground floor. All three bedrooms and the bathroom is on the first floor.
The property is very old-fashioned throughout, but does appear lived in, which would suggest there is working central heating and electrics, so the refurbishment would be mainly cosmetic and you could get away without having to put a completely new kitchen and bathroom.
Additional benefits include a detached garage to the rear, along with an enclosed garden to the rear, driveway to the side of the property and lawn to the front of the property.
On the rental market, I would expect this property to achieve £650pcm, which would generate a yield of 6.5%, but this does not take into account the cost of any maintenance works.
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