Mooregate Road, Rotherham, S60 2AD
£120,000
Financial snapshot
Your initial investment
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Estimated deposit
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Purchase fees
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Your total return by 2035
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Annual return
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Rental growth p.a.
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Cap growth p.a.
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Rental income p.c.m.
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Gross yield
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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
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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
Eric
Buy-to-let investor
“What I like about Get Ground is just how easy the team there are to deal with. The website is secure, clean and simple to navigate around. It allows you to have visibility of your property portfolio and all the associated documentation related to each property. The team will also take care of your annual accounts. All this for a very reasonable annual fee.”
Shivraj
Buy-to-let investor
“Technical support and the guidance the team provides are simply the best !! The team is quick to respond to your queries and regular follow-ups ensure the matters are resolved to satisfaction. I highly recommend Getground to anyone who has property in the UK and wants the best support.”
Michelle
Buy-to-let investor
“I've had a very streamlined and well supported experience starting a corporation through GetGround. I've been treated exceedingly well and couldn't be more pleased with how it has all come together. I would definitely recommend.”
Meet the team