2-Bed Terraced - Rotterham

High Cashflow and Capital Appreciation - Buy to let

*Turnkey
​*EPC C
*Money in: £31,500
*Monthly profit £365.56
*Total profit projection over 10 years = £145,331.74

Property is a long-term investment, not a get rich quick scheme. Steady growth and strong cashflow is on offer with this deal with capital growth of 5% PCA. These are also below market value so the equity will be more than your costs to purchase the property (including sourcing, deposit, legals, survey, stamp, mortgage fee).

In the postcode sector property capital appreciation has grown by 5.2% over the last year and has achieved a long-term growth rate of roughly 21% to 32.8% over the past five years.

Key property details:
- 2 bed terrace - Rotherham
- 69 sqm
- EPC C
- Council tax band A
- Vacant possession
- No chain

Key Financials example -
Recent Leeds BTL mortgage 2yr fixed, LTV 75%, interest 5.26%, No fee:
▪ Total investment needed: £31,500
▪ Purchase price: £85,000
▪ Deposit: £21,250
▪ Legals: £2,000
▪ Stamp duty: £4,250
▪ Sourcing fee: £4,000+vat
▪ Refurb costs: £0
▪ Market value: £95,000
▪ Gross monthly rent: £750
▪ Gross annual rent: £9,000

▪ Deductions: Mortgage £279.44, Letting agent £75, Insurance £30
▪ Monthly profit after deductions: £365.56
▪ Annual profit: £4,387
▪ Gross yield: 11%
▪ ROCE: 14%
▪ Net rent mortgage coverage: 231%

▪ Profit projection in 10 years capital growth 5% PCA = £59,744.99
▪ Profit projection in 10 years net rental growth 3% PCA = £50,289.17
▪ Total profit projection over 10 years = £110,034.16

With Sourced you get the full property wealth building package in one place;
Sourced Enterprise - Full limited company SPV and accounting solution
Sourced Finance - Specialist lending not available on the high street
Sourced Living - Fully compliant lettings management service
Legal Conveyancing team available if required.
Professional and compliant renovation team ready to go!

Let me know if you are interested in this as soon as you can.