Mooregate Road, Rotherham, S60 2AD
£120,000
Financial snapshot
Your initial investment
-
Estimated deposit
-
Purchase fees
-
Don't have enough deposit?
Explore how to invest together
Your total return by 2035
-
Annual return
-
Rental growth p.a.
-
Cap growth p.a.
-
Rental income p.c.m.
-
Gross yield
-
Indicative returns are based on historic data - please note past performance is not necessarily indicative of future results and actual returns may differ materially from the returns indicated here
Need a mortgage to finance this property?
GetGround can help!
Mortgages based on the following:
I have a £0 deposit and live in GB
We couldn't find mortgages based on your criteria
Edit details or click below for a more advanced mortgage search.
Area highlights
Property snapshot
Apartment
657 sq ft
1 Bedroom
1 Bathroom
Tenanted
Tenure - Leasehold
Lease-length
1 years
Ground rent
£1
Service charge
£1.00 per year
Overview
Lease information TBC. This one-bedroom apartment on Mooregate Road, Rotherham, presents an attractive buy-to-let opportunity with an asking price of £120,000. Currently tenanted, the property generates £600 per month in rent, offering a gross yield of 6%. The apartment has recently benefited from a bathroom refurbishment and electrical upgrades, ensuring minimal immediate maintenance costs. Located just a short distance from Rotherham Central station, with a 16-minute commute to Sheffield City, it is in a convenient area with strong rental demand. The property also has forecasted capital growth of 6.4% and rental growth of 4.2%, making it a promising long-term investment. With a net cash flow of £225 per month, or £2,700 annually, this property offers solid returns for investors.
What our customers say about us
Raghda
Buy-to-let investor
“GetGround manages my property from A to Z. The process from the beginning until today is running smoothly. They provided consultation, step by step setup guide, and also the response rate was very high when I contacted their customer care department.”
Daniel
Buy-to-let investor
“Overall, a fantastic experience not only with the online system but also with the ultra-fast responsive team that is always there to help whenever needed. The turnaround time is like nothing you have ever seen and the customer experience is seamless.”
Ricky
Buy-to-let investor
“Set up two companies so far to manage two properties via get ground. Very smooth process and have also had the first years accounts done too. Very simple process so far. Great for managing my small property portfolio.”
Meet the team