West One Peak, Sheffield City Centre with 6.4% Return
West One is one of the most desirable accommodation buildings in Sheffield for renters. It has stunning views across the city centre and each apartment is wonderfully spacious. However, the most important thing for any buy to let investor is that it rents year after year with no void periods.
This property would rent easily with it being situated just off West Street and is within walking distance to both universities. It is also on the doorstep of many local amenities and transport links. This particular studio is deceptively spacious and is in the most sought after area in Sheffield city centre.
Upon entering this first floor studio you have a generous sized bathroom with limestone styled tiles. The size of the kitchen is also reasonable along with living and sleeping area.
The property is currently listed at Â£96,500 and I expect it to be off the market soon, given the reputation of the apartment complex. I expect the rent for this property to be roughly Â£520pcm, giving a yield of 6.4%.