Wainwright Avenue, Richmond, Sheffield S13 with 6.5% Yield
A property of this caliber is expected to sell fairly quickly and if it were to be purchased by an investor, it would also then rent very quickly once advertised again.
This property has it all, it has a lovely kitchen, modern bathroom and low maintenance garden so has all the ingredients to make a perfect investment property. Landlords don’t want to be worrying about their tenants not looking after the garden so a garden like this one is ideal.
Properties on the market with a high quality kitchen and bathroom are equally sought after by investors as they are so popular on the rental market.
If purchased by a buy to let investor and offered on the market for rent, this property would achieve a monthly rent in the region of £600, generating a yield of 6.5%, which is healthy for a property requiring no work.
The location of this apartment is also ideal as it lies within a highly populated rental area.
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