West One Aspect, Cavendish Street, Sheffield City Centre S3 with 5.3% Yield
Set in the very popular development of West One this property should be considered a brilliant investment.
Properties in West One are hugely popular, particularly with a lot of international students. The popularity of a property in West One does depend on when a property becomes available, if a property is available between June and October, the rents tend to be much higher as the demand is so much higher as a result of the student market. At a peak time of year, this property could achieve over £750pcm, which generates a yield of approximately 5.3%.
This property could benefit from a few cosmetic improvements, but will not require too much money to be spent. This would naturally mean that a higher rent could be achieved, which in turn would generate a higher yield.
West One is in a prime location, close to both universities, plenty of bars, restaurants, cafes and food stores.
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