BTL in Rotherham

High Cashflow and Capital Appreciation - Buy to let - Rotherham

*Money in: £35,500
*Monthly profit £451.25
*Total profit projection over 10 years = £134,399.79

Why now is the time to buy in Rotherham?
The area is getting a multi-billion-pound regional initiative. The upcoming Mayoral Investment Zone and the proposed Gateway Station are expected to inject £1.2 billion into the area, creating 8,000 new jobs and building 3,000 homes.
Rotherham Council has approved funding for a five-site town centre transformation scheme. This commercial and residential overhaul will directly boost surrounding property values by lifting the economic baseline of the borough.
The local authority remains consistently behind the target 1,111 new homes per year to keep pace with demand. This structural under supply guarantees a permanent floor under local house prices, driving capital appreciation as buyers compete for limited stock.
The 10-year capital appreciation forecast for houses in the area points to sustained growth of 45% to 55% by 2036.

Key property details:
- 3 bed terrace - Rotherham
- 91 sqm
- EPC D
- 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: £35,500
▪ Purchase price: £100,000
▪ Deposit: £25,000
▪ Legals: £1,500
▪ Stamp duty: £5,000
▪ Market value: £110,000-£120,000
▪ Gross monthly rent: £900-£925
▪ Gross annual rent: £10,800-£11,100

▪ Costs: Mortgage £328.75, Letting agent £90, Insurance £30
▪ Monthly profit after costs: £451.25
▪ Annual profit: £5,415
▪ Gross yield: 11%
▪ ROCE: 15%
▪ Net rent mortgage coverage: 237%

▪ Profit projection in 10 years capital growth 5% PCA = £72,322.88
▪ Profit projection in 10 years net rental growth 3% PCA = £62,076.91
▪ Total profit projection over 10 years = £134,399.79

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 if required.

If you are interested in this or similar opportunities, please get in touch.