25pc Off Rotherham Buy to Let

25% off RICS Rotherham House 

Packham Rd, Rotherham, S63 6

Property Figures:

• Val                              –  £85,000
• 25% Discount     -  £63,750
• Rent                           -  £450
• Yield                         -  8.5% yiel
• All in costs           – £4,995  (includes all legals etc…)

Here’s a property for thoses wishing to get 2011 off to a flying start.  House prices look like they are going to stay stagnant this year whilst rentals continue to grow.  BTL mortgages are readily available for those with good credit, making a purchase like this property a very attractive deal for the medium term.   This investment property has been sourced directly by us so no 3rd party fees are to be paid.  There will be a small res fee which is held by us, and is fully refundable if the property is pulled from you for no reason of your own.   The property is in a good location with local agents advising the rental market is average to strong .  Sales of houses are about average.  If you go for a 1 or 2 year mortgage deal, you can benefit from the £200 a month positive cash flow, and then sell after your fixed mortgage period, meaning you avoid any redemption penalties, plus the housing market should have brightened somewhat with in a few years.

Please feel free to call 0800 988 4334 for further details.

This entry was posted on Monday, January 10th, 2011 at 3:16 pm and is filed under investment property. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.