Tollgate Court, Sheffield S3 with 9% Yield
A fantastic investment opportunity available just ten minutes away from the city centre, this property offers a fantastic yield of 9% on the basis that the property achieves Â£450pcm.
I would think Â£450pcm is an achievable asking price however if it were to struggle on the rental market at this price, reducing to as low as Â£400pcm would still offer an 8% yield which is incredibly high.
The property internally is decorated to a moderately good standard and would be readily available for somebody to move into. Whilst I think this property is a good buy-to-let option I highly doubt somebody purchasing with the intent to reside themselves. The property is on the small side and would really only be suitable for one person, at a push it could house a couple.
Generally speaking, this property seems like a decent property to invest in and will probably sell fairly quick due to the low asking price.