Waterslacks Walk houses a development of ex council properties and these flats offer excellent space and a convenient location, linking to motorways and the city centre within minutes.

This particular property looks like it would benefit from a slight upgrade but nothing more so than a sum in the region of £5000 being spent.

Should someone spend this £5000 and purchase with a view to let as an investor, they would enjoy a consistent monthly income of £450 in rent, which would equate to a yield of 6.75%.

I have experience of managing properties within these flats and have had no complaints whatsoever, with a reliable tenant and a good return so this is something I would definitely recommend to an investor with a budget towards the lower end of the scale.

http://www.zoopla.co.uk/for-sale/details/42196628

As always, if you are an investor in the Sheffield property market and would like a second opinion on a property you have seen, then send the URL of the properties you have seen online over. Or if you would like to pop in and have a chat, then you can either email on info@sheffieldresidential.com or call on 0114 201 4325. The kettle is always on and we will even pull out the posh biscuits!

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