Toll House Mead, Mosborough, Sheffield S20 with 7.2% Yield
I am shocked to see this property go to auction as it was one I clocked when it first went onto the market and I thought it was offered at a good price at the time.
The district of Mosborough is extremely popular amongst both owners and renters and this is likely to be a very popular lot when it goes to auction.
If a buy to let investor were to purchase this property, which may well be the case, they would be able to achieve a monthly rent of £600+ which would in turn result in a rental yield of 7.2% if purchased for £100,000, which is right down the middle of the guide price.
This property, if presented nicely, would be very popular on the rental market and experienced investors will be well aware of this, making this a very popular listing!
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