Sheffield S6 with 6% Yield
Baxter Close sits in a very popular residential offer and this three bedroom end terrace property is a prime example of the quality of the homes on offer around here. Although there are minimal pictures, itâ€™s clear that the property has a generously sized and well fitted kitchen so itâ€™s expected that the remainder of the house would follow suit.
I would expect the marketing agent to add to their description but they may not need to in order to attract interest as this house is attractively prices and will certainly draw in interest from first time buyers as well as buy to let investors. On that note, I would expect this property to rent for Â£550 per month if released to the rental market with would result in a yield of 6% for an investor purchaser if purchased at asking price. Of course, if you were to get yourself a good deal on this one, the yield on offer would increase.
The area is very well sought after by tenants and I wouldnâ€™t anticipate a long stay on the market for this property should it be bought by an investor and I donâ€™t expect to see it on the sales market for long either.