BTL in Sheffield

** 3- bed semi detached property
** EPC B
** Large plot
** READY TO RENT

BASED ON RECOMMENDED PURCHASE PRICE OF £120,000 :-
* Total profit projection over 10 years = £149,810.32

Key property details:-
- 3 bed semi-detached
- Shower room and seperate toilet
- EPC B
- 86 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.

** 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.
** If ever needed, court costs and the eviction process covered whilst still being paid.
** Property inspections and maintenance management taken care of.

Key Financials example: -
BTL mortgage (2yr fixed, LTV 75%, interest 5%)
▪ Monthly mortgage payment: £375
▪ Purchase price: £120,000
▪ Market value: £160,000 (if renovated)
▪ Refurb: £10,000 (optional)
▪ Gross monthly rent: £950
▪ Net monthly rental profit: £450
▪ Net annual rental profit: £5,400
▪ Profit projection in 10 years capital growth 5.5% PCA = £84,977.34
▪ Profit projection in 10 years net rental growth 4% PCA = £64,832.98
▪ Total profit projection over 10 years = £149,810.32

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

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.