Walkley, Sheffield S6 with 5% Yield
This is the perfect example of a typical three bedroom terraced property in the Walkley area of Sheffield which has been advertised by Spencers.
This house in particular boasts a very nice kerb appeal and what appears to be ample on street parking. The house is presented very will internally and offers a neutral appearance that will attract all purchaser types.
Walkley itself has a high population of students in certain areas which in turn attracts a lot of investor purchasers. I also know from experience that when a property such as this, one that is sure to be a hit with professionals, is advertised for rent, then there will certainly be a high level of interest.Â
The area doesnâ€™t necessarily offer the highest yields but it does usually offer high quality tenants who will remain in situ for a lengthy period, a dream for any investor!
This particular property could achieve a monthly rent of Â£650 which would result in a yield of 5% if purchased at asking price. This is not the highest of yields available in Sheffield but is still healthy and will still result in this property catching the eye of investor purchasers.
Of course, I have no doubt that this property will also attract small families so is sure to achieve a sale in the very near future.