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Rotherham – BMV BTL
About this property
Rotherham – BMV BTL - 60K property
This below market value leasehold investment presents an excellent opportunity for investors seeking an affordable, low-risk buy-to-let with strong rental demand and immediate equity.
Situated in a popular residential area of Rotherham, this property is offered vacant, allowing a straightforward refurbishment and letting process. Requiring only a light cosmetic refurbishment, an investment of approximately £5,000 will modernise the property and maximise both its rental and resale value.
The property benefits from an approximately 800-year lease, providing long-term security and making it an attractive asset for both investors and future buyers.
Comparable refurbished properties in the area are achieving £85,000+, creating an instant uplift in value from the purchase price. The local rental market remains strong, with consistent demand for affordable terraced homes due to excellent transport links, local employment and ongoing regeneration across Rotherham.
Buy, Refurbish & Hold
Following the light refurbishment, the property is expected to achieve approximately £675 per calendar month (£8,100 per annum), producing a 6% gross yield. After refinancing, investors are projected to have only £10,250 left in the deal, creating an excellent long-term cash-flowing investment with minimal capital tied up.
Key Investment Figures
▪ Purchase Price: £60,000
▪ Purchase Costs: £8,500
▪ Refurbishment: £5,000
▪ Total Investment Required: £74,000
▪ Expected GDV: £85,000+
▪ Monthly Rent: £675
▪ Annual Rental Income: £8,100
▪ Gross Yield: 6%
▪ Projected Annual Profit: £4,983
▪ Monthly Cash Flow: £415
▪ ROCE: 49%
▪ Money Left in the Deal After Refinance: Approximately £10,250
With a long lease, minimal refurbishment required & immediate equity on purchase, this is an ideal opportunity for investors looking to expand their portfolio with a high-performing, below-market-value asset.
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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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