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
Matt
Buy-to-let investor
“It has been great dealing with Get Ground. Having worked with them for a number of years now, they have provided a great service to our clients and I wouldn't hesitate to recommend them.”
Graham
Buy-to-let investor
“The Getground service really makes the process of setting up and running a SPV company, and associated banking, a seamless easy process all for a low monthly fee. Support has always been on hand when needed with help for accounting submission etc. Highly recommend!”
Ho Chuen
Buy-to-let investor
“The Get ground team is always quick to respond to my queries, both of the UK and HK branches' contacts. I recommend their system and service as a BTL investor.”
Meet the team