Woodthorpe, Sheffield S13 with 8.4% Return
Priced to sell at between Â£75,000 – Â£85,000 this property in Woodthorpe would make for an excellent first time buy or rental investment!
The interior of the property has an excellent, clean finish and doesnâ€™t need a thing doing to it. The garden is ready for you to enjoy those summer BBQâ€™s everybody longs for! The property comes with a drive way for your car and two comfortable sized bedrooms. This is therefore an attraction to not only first time buyers, but also investors looking for similar minded tenants. Â Â Â Â Â Â Â
If you were to purchase this property at the lower end of the asking price, you could get an excellent yield of 8.4% if renting the property at Â£525pcm. This is the average price per month for a rental property in the Woodthorpe area.Â
Generally house prices in the area are lower than other areas of the city, the crimes rates here are typically higher and the area a little less sought after. If you manage to bag a property at the right price, you can still achieve a fantastic yield however.
House prices in the area are currently averaging at Â£70,000 – Â£80,000, for this you can get a spacious and well finished home.
Whether youâ€™re buying to let or to live in yourself, the area is cheap and will bring you a great return at the end of the day. Â