These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
Profit pa£5,272
ROCE13%
Yield10%
Purchase £ £7,400
Strategy: Buy to Let
TURNKEY - BTL - Rotherham
GUARANTEED RENT OPTION AVAILABLE FOR PEACE OF MIND AND 'HANDS OFF' INVESTMENT (See Below)
** 3- bed 2-bath semi detached property
** EPC C
** Large plot
BASED ON RECOMMENDED PURCHASE PRICE OF £118,000 :-
* Total investment required = £40,900
* Market rent = £950 per month with guaranteed rent option available (paid to you on time, tenanted or not) at approx £712.50
* Total profit projection over 10 years = £155,348.37
Key property details:-
- 3 bed semi-detached
- Bathroom and en-suite
- EPC C
- 62 sq m
- Council Tax band A
- Vacant possession
- Located in a low-crime area with 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: -
Recent Accord Mortgages BTL mortgage (2yr fixed, LTV 75%, interest 5.23%, No fee)
▪ Monthly mortgage payment: £385.71
▪ Total investment needed: £40,900
▪ Purchase price: £118,000
▪ Market value: £130,000
▪ Gross monthly rent: £950
▪ Net monthly rental profit: £439.29
▪ Net annual rental profit: £5,271.45
▪ Profit projection in 10 years capital growth 5.5% PCA = £92,058.78
▪ Profit projection in 10 years net rental growth 4% PCA = £63,289.59
▪ Total profit projection over 10 years = £155,348.37
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.
Sourced reference: 228449246885825
No information supplied.
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Profit pa£5,272
ROCE13%
Yield10%
Purchase £ £7,400
Sales Agent
SILKSTONE ESTATES LIMITED
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These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
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