Turnkey BTL in Rotherham

TURNKEY - NEWLY REFURBISHED - BTL - Rotherham

GUARANTEED RENT OPTION AVAILABLE FOR PEACE OF MIND AND 'HANDS OFF' INVESTMENT (See Below)

BASED ON RECOMMENDED PURCHASE PRICE OF £80,000:-

(Suggested price is £15,000 below potential GDV and therefore the equity will be more than your costs to purchase the property).

* ROCE = 18%
* Market rent = £800 per month with guaranteed rent option available (paid to you on time, tenanted or not) at approx £600
* Total profit projection over 10 years = £123,137.24

Key property details:-
- 2 bed terrace
- 80 sq m
- Garage at rear
- Council Tax band A
- No chain
- Vacant possession
- Good commuter links to Rotherham, Sheffield and Doncaster.

Why now is the time to buy in Rotherham?

-Investment in the area (multi-billion-pound regional initiative)
-Focal point of Don Valley Corridor Mayoral Development Zone and South Yorkshire Advanced Manufacturing Investment Zone
-Town centre revitalisation
-The Local Authority remains consistently behind the target 1,111 new homes per year to keep up with demand.

GUARANTEED RENT: No stress hands free investment!

** A guaranteed rental income paid to you on time, every month.
** You still get paid even if the sub-tenant pays late or doesn’t pay at all.
** No set up fees, monthly commissions, or hidden extras.
** No direct contact with the sub-tenant. Everything is dealt with. No queries or complaints for you to deal with.
** A guaranteed contract start date – no void periods to worry about.
** If ever needed, court costs and the eviction process covered whilst still being paid.
** Property inspections and maintenance management taken care of.
** Internal condition guaranteed (subject to fair wear and tear) up to one and half months’ rent.

Key Financials example: -
BASED ON RECOMMENDED PURCHASE PRICE OF £80,000 :-

BTL mortgage (2yr fixed, LTV 75%, interest rate 5%)
▪ Monthly mortgage payment: £250
▪ Purchase price: £80,000
▪ Market value £95,000
▪ Gross monthly rent: £800
▪ Net monthly rental profit: £440
▪ Net annual rental profit: £5,280
▪ Profit projection in 10 years capital growth 5.5% PCA = £59,744.99
▪ Profit projection in 10 years net rental growth 4% PCA = £63,392.25
▪ Total profit projection over 10 years = £123,137.24

Why Invest with Sourced?

We handle everything for you; sourcing the property, doing the refurbishment, placing tenants, and collecting rent. You simply purchase the asset and receive the net income.

Comprehensive property wealth-building package in one place:-

-Sourced Investment Agents: Sourcing investment opportunities tailored to your criteria.
-Sourced Enterprise: Limited company and SPV formations with tax-efficient portfolio structuring and accounting solutions.
-Sourced Finance: Access specialist property lending and mortgages, created specifically for investors.
-Sourced Lettings: Seamlessly integrate property management using our nationwide lettings management service.

Do you provide any additional services?

I can personally recommend the following additional services for peace of mind:-

• A top-tier legal conveyancing team
• A professional and compliant renovation team
• Guaranteed rent options

Here is a link to more of my property deals https://sourced.co/partner/michaelparry/properties/?page=1