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Sheffield BTL
About this property
Sheffield BTL - EPC C
GUARANTEED RENT OPTION AVAILABLE FOR PEACE OF MIND AND 'HANDS OFF' INVESTMENT (See Below)
BASED ON RECOMMENDED PURCHASE PRICE OF £80,000:-
* ROCE = 15%
* Market rent = £725 per month with guaranteed rent option available (paid to you on time, tenanted or not) at approx £543.75
* Total profit projection over 10 years = £110,318.86
Key property details:-
- 2 bed terrace
- 69 sq m
- Council Tax band A
- Vacant possession
- 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.
GUARANTEED RENT: No stress hands free investment!
** A guaranteed rental income paid to you on time, every month.
** 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.
** A guaranteed contract start date – no void periods to worry about.
** If ever needed, court costs and the eviction process covered whilst still being paid.
** Property inspections and maintenance management taken care of.
** Internal condition guaranteed (subject to fair wear and tear) up to one and half months’ rent.
Key Financials example: -
BASED ON RECOMMENDED PURCHASE PRICE OF £80,000 :-
BTL mortgage (2yr fixed, LTV 75%, interest rate 5%)
▪ Monthly mortgage payment: £250
▪ Purchase price: £80,000
▪ Market value £100,000
▪ Gross monthly rent: £725
▪ Net monthly rental profit: £372.50
▪ Net annual rental profit: £4,470
▪ Profit projection in 10 years capital growth 5.5% PCA = £56,651.56
▪ Profit projection in 10 years net rental growth 4% PCA = £53,667.30
▪ Total profit projection over 10 years = £110,318.86
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
• Guaranteed rent options
Here is a link to more of my property deals https://sourced.co/partner/michaelparry/properties/?page=1
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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