Walkley, Sheffield S6 with 6.5% Return
Given the popularity of Walkley, asking prices are often much higher than the average in Sheffield, however this property seems to be an exception to this. With an asking price of Â£130,000 this property is a bargain.
Surprisingly, all the rooms in the house are in an excellent condition and no work is required to improve this property. I use the word surprisingly, as often with properties that are on for a lower asking price some work is required to improve the property.
Throughout the property, the dÃ©cor is neutral, so adding your own personal touches will be easy.
Downstairs to the front of the property, you will find the living area which leads to the separate dining area which is of a similar size to the living area, to the rear of the property there is a large off-shot kitchen.
The first floor houses the bathroom, the master bedroom and a single bedroom, which are all accessible via the landing. There is also a large attic bedroom.
On the rental market, I would expect this property to achieve Â£700pcm, which means that if a sale at asking price is agreed, the yield would be just short of 6.5%.
This property is likely to attract interest from a host of buyers, including first time buyers and investors.