Sycamore Court, Chelsea Road, Sheffield S11 with 5.76% Yield
Located on one of the most beautiful roads in the area and within walking distance of Ecclesall Road and a short drive into the city centre. You certainly pay a premium to live around here.
There is nothing particularly special with this apartment itself, but there is nothing wrong with it as such.
The bathrooms do look slightly dated, but the kitchen looks relatively modern. At the most this property may require new bathroom floors and redecoration in some areas.
This development is kept in immaculate condition and is very secure, there can be no complaints on this front.
As an investment, this is not the best buy-to-let property. The maximum rent that you could currently achieve on this property is Â£800pcm, which means that if purchased at asking price, you would be looking at a rental yield of only 5.76%.
This may be more suited to buy to live in. It is a very safe, very picturesque and very peaceful location.