Handsworth Crescent, Sheffield S9 with 6.2% Return
I like to seek out properties that make good investments for people and properties such as this do not become available very often.
Situated in a sought after location and likely to attract a lot of interest from both buyers and renters, this property is ready made for someone to move straight into.
With a modern, neutral and well-presented kitchen, immaculate bathroom and easily maintainable garden, this particular house is one of the best in the area in terms of available investment opportunities.
Whilst this three bedroom semi will attract interest from young families looking to own and occupy, I also predict it to attract a lot of interest from buy to let investors as they wouldnâ€™t need to lift a finger in order to allow for someone to rent this and move in right away.
With that in mind, I forecast a monthly rent of Â£600 being achievable for this house which would result in a healthy yield of 6.2% if purchased at asking price. As Iâ€™ve said before, any yield over 5% is attractive so a yield over 6% in such a well sought after area is pretty impressive.
Should you be looking for an investment and come across this property, I donâ€™t think you could go far wrong in proceeding to purchase!