Studfield Crescent, Wisewood, Sheffield, S6 with 6% Yield
Although certainly in need of modernisation, this three bedroom property is very reasonably priced at just £130,000.
The property comprises of the lounge, kitchen and WC on the ground floor. There are three bedrooms and the main bathroom on the first floor.
The property benefits from having a very generously sized front, rear and side garden.
This property is very much old-fashioned throughout, so I would advise a full refurbishment, which would include a new kitchen, new bathrooms, new flooring and the property to be fully redecorated.
In a good modern condition, this property should achieve £650pcm on the rental market, which generates a yield of 6%, but this does not take into account the cost of a full refurbishment, but even with this in mind, a yield well in excess of 5.5%, should be achieved.
As always, if you are an investor in the Sheffield property market and would like a second opinion on a property you have seen, then send the URL of the properties you have seen online over. Or if you would like to pop in and have a chat, then you can either email on email@example.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!
Don’t forget to visit the links below to view back dated deals and Sheffield Property News.
Sheffield Property To Let, For Sale Facebook: https://www.facebook.com/groups/1488435804820115
Sheffield Talk Facebook: https://www.facebook.com/SheffieldTalk
Get your FREE NO OBLIGATION, INSTANT Sales Property Valuation:
Get your FREE NO OBLIGATION, INSTANT Lettings Property Valuation: