Somercotes Road, Sheffield S12 with 6.3% Yield
At an asking price of £160,000 I am really impressed with this property.
Set over two floors, this property comprises of a porch as you enter, lounge/diner to the right of the property, kitchen to the rear and a garage/utility to the left. On the first floor there are four bedrooms and a bathroom.
The kitchen does appear a little old-fashioned and many prospective buyers would consider replacing the kitchen, but by and large the overall condition is excellent and the bathroom in particular looks to be very new and of a high standard.
There is a large front garden and drive which leads to the garage and a smaller, but enclosed rear garden.
This property is likely to achieve £850pcm on the rental market which does equate to a yield of just over 6.3%, which is considered a very respectable yield.
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