1 /15
£90,000
Bed Apartment - Rotherham, S65
- 1 bed
£90,000
- 1 bed
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Estimate monthly mortgage payment:
£411 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£4,500
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Clifton Park View is a brand new, high specification development at the heart of Rotherham.
The 26 spacious apartments are designed to an excellent specification. The flexible lease and prime location lends itself to multiple rental options for investors. This great location for BTL investors.
Key Details:
Price: £90,000
Rental Income: £9,528 annually (£794 pcm)
Tenancy: Currently on Short-Term Lets (85% Occupancy)
Lease: 999 years (from 2024)
Ground Rent: £0
Service Charge: £635.93 annually
NET Yield: 7.2%
Features:
* Modern 1-Bed Apartment
* Ideal for Corporate Lets
* Low Service Charge / £0 Ground Rent
* Commuter town for Sheffield & Leeds
* Close To University & Medical Village
About Rotherham:
Rotherham is a great location for buy to let investors because it offers a combination of affordability, high rental yields, and strong demand. Rotherham is one of the most affordable places to buy property in the UK, with an average house price well below the national average of £250,000. This means that investors can get more for their money and benefit from lower mortgage costs.
Rotherham is a great location for buy to let investors because it offers a combination of affordability, high rental yields, and strong demand. Rotherham is one of the most affordable places to buy property in the UK, with an average house price well below the national average of £250,000. This means that investors can get more for their money and benefit from lower mortgage costs.
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Service Charge: £635.93 per year
The 26 spacious apartments are designed to an excellent specification. The flexible lease and prime location lends itself to multiple rental options for investors. This great location for BTL investors.
Key Details:
Price: £90,000
Rental Income: £9,528 annually (£794 pcm)
Tenancy: Currently on Short-Term Lets (85% Occupancy)
Lease: 999 years (from 2024)
Ground Rent: £0
Service Charge: £635.93 annually
NET Yield: 7.2%
Features:
* Modern 1-Bed Apartment
* Ideal for Corporate Lets
* Low Service Charge / £0 Ground Rent
* Commuter town for Sheffield & Leeds
* Close To University & Medical Village
About Rotherham:
Rotherham is a great location for buy to let investors because it offers a combination of affordability, high rental yields, and strong demand. Rotherham is one of the most affordable places to buy property in the UK, with an average house price well below the national average of £250,000. This means that investors can get more for their money and benefit from lower mortgage costs.
Rotherham is a great location for buy to let investors because it offers a combination of affordability, high rental yields, and strong demand. Rotherham is one of the most affordable places to buy property in the UK, with an average house price well below the national average of £250,000. This means that investors can get more for their money and benefit from lower mortgage costs.
Tenure: Leasehold (999 years)
Ground Rent: £0 per year
Service Charge: £635.93 per year
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£411 per month
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Stamp Duty tax
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Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
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