Sheffield, S4 with 4.6% return
Listed yesterday by Pink Homes is this very big house!
I have to say that I feel this house is overpriced and may take a while to sell!
The presentation of this property is immaculate both inside and out but it is located in one of Sheffieldâ€™s lesser sought after areas. As Phil and Kirsty say, location is everything and this may provide a stumbling block here.
Because of its location, it doesnâ€™t make for a great investment either as good quality tenants would be hard to come by. A monthly rent of Â£450 would result in a yield of 4.6% which is certainly low and will not attract buy to let purchasers!