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BTL in Sheffield
About this property
BTL - Cash Purchase - Zero SDLT - Tenanted
A great opportunity to acquire a high yielding studio apartment, very well presented in a thriving area with high demand.
Financials:
Purchase price = £30,000
Annual rent = £6,600
Gross yield = 22%
Net yield = 11%
With a short walk to amenities including under 5 minutes to the mainline station, this unit has a very strong demand from tenants - both student and professional alike. With the added benefit of zero stamp duty on this investment, returns are expected to be stable with steady growth year on year.
Please contact for further info.
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
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