West One, Sheffield City Centre with 7% Return
Advertised for sale with Blundells is a top spec, one bedroom apartment for sale in West One. One of the largest layouts on offer; this property can expect to achieve maximum interest and will no doubt receive offers very close to asking price.
We saw a few weeks ago a two bedroom property for sale at Â£189,000 which is high sale price for a Sheffield city centre apartment. For a one bedroom apartment, Â£125,000 is on the high side however it will probably achieve a sale price of Â£120,000.
In the next academic year, this property could expect to achieve anywhere up to Â£700pcm. On this basis, the yield would be 7%. This is one of the better properties on the market at West One at the moment with a decent yield on offer. Most on the market for West One are advertised far too highly bringing the yield right down thus making it a less attractive investment.Â
West One should always be a good investment for a purchaser, you wonâ€™t find higher rents anywhere else in the city. If your yield is low, then the asking price is too much!