West Street, Sheffield City Centre S1 with 7.1% Yield
A super sweet city centre investment available in the heart of Sheffield, this one bedroom apartment is offered at £95,000.
The apartment is located in a building on West Street, we see many international students making enquiries about properties in this location as it is a short distance from both of the universities.
Internally, the property doesn’t look too bad as far as the condition goes. The property is not exactly large in size however this wouldn’t have too much of an effect on the overall sale price. The property would achieve approximately £565pcm in rent offering a superb yield of 7.1%. Despite the good yield, there does appear to have been many properties listed for sale in this development for some time so this may have a negative effect on this property. Only time will tell how well this property will do, in my opinion, I would estimate the property will sell for less than the asking price, closer to the £90,000 mark.