Turnkey BTL in Sheffield

TURNKEY - BTL - SHEFFIELD

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

** EPC C
** Utility room
** WC x2
** Walk-in-wardrobe
** Turnkey - ready to rent
** Sizeable gardens to front and rear

BASED ON RECOMMENDED PURCHASE PRICE OF £135,000

(Suggested price is £10,000 below market value and therefore the equity will be more than your costs to purchase the property).

* Market rent = £1,000 per month with guaranteed rent option available (paid to you on time, tenanted or not) at approx £750
* Total profit projection over 10 years = £162,041.51

Key property details:-
- 2 bed semi-detached
- 76 sq m
- Council Tax band A
- EPC C
- Vacant possession

Why buy in Sheffield?

- Great balance of affordability, strong rental yields and long-term capital appreciation.
- One of the UK's most accessible major cities for investment.
- Over the past five years average house prices in the city have risen by 23%
- Further growth is expected by 2030 due to billions of pounds worth of investment in the city
- Two universities with a high percentage of graduates choosing to settle.
- Sheffield's Heart of the City 2 Scheme created 7000 new jobs and significantly boosted rental demand following its completion in 2023.
- Regeneration also drives capital growth so now is the time to invest before prices climb higher.
- Opportunity for genuine long-term value.
- Four airports within an hour's drive.
- Transport links are strengthening between Sheffield and other major cities, making it an ideal base
- Europe's 'greenest' city

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: -

Recent Accord Mortgages BTL mortgage (2yr fixed, LTV 75%, interest 5.23%, No fee)
▪ Monthly mortgage payment: £421.88
▪ Total investment needed: £46,200

▪ Purchase price: £135,000
▪ Market value: £145,000

▪ Gross monthly rent: £1,000
▪ Net monthly rental profit: £448.13
▪ Net annual rental profit: £5,377.50

▪ Profit projection in 10 years capital growth 5.5% PCA = £97,478.67
▪ Profit projection in 10 years net rental growth 4% PCA = £64,562.84
▪ Total profit projection over 10 years = £162,041.51

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

So what are you waiting for? If you are interested in this or similar opportunities, please get in touch.