UK Buy to Let Investment Property
Profit from the UKs affordable Housing Shortage
Living Area - 205- 560 Square Feet
Howard Residences, Rotherham,
What Are The Features Of This Investment?
Prices from just £49,950 for a studio starter home, or £69,950 for a 1 bedroom
8% Net yield guaranteed for 3 years, and paid up front on completion
5% interest paid on deposit monies during build
Free furniture and legals if contracts exchanged within 21 days of reservation
125 year leasehold title, provided on exchange of contract for additional security
Competitively priced compared to local properties
Stylish, Art-Deco period building in a town centre location
What Is The Investment Overview?
With calls from the local authorities in Rotherham for more high-quality housing for young professionals and key workers, Howard Residences offers a desirable standard of living, with a low entry level for the burgeoning rental market in this South Yorkshire town. This is great news for those looking to buy UK Buy To Let Investments in an area that offers rental demand as well as a safe and BMV opportunity.
Rotherham Borough Council have stated that they require an additional 12,750 homes to be built by 2027, which is a measure of the local shortage of suitable housing.
Redeveloping an existing Art-Deco style building, with modern interiors and designed to maximise the use of space for occupants, Howard Residences is set to be a preferred choice for post graduates in this key town, within the booming Sheffield Urban Area.
What Is The Opportunity?
A collection of 125 studio starter homes and 1 bedroom flats , it’s the ideal purchase for investors looking at UK Buy To Let’s as a way of getting onto the first rung of the property investment ladder, or for seasoned landlords looking to add a high yielding property to their portfolio, in a location with great prospects for price growth.
Investors are invited to purchase from £49,950, with a healthy 8% net yield, guaranteed for 3 years. Furthermore, that yield is paid as a lump sum, up front, on completion, giving investors peace of mind and most importantly, instant cash flow from their investment.
As a further incentive, buyers can have their legals paid (usual cost £1500) and a free furniture pack (usual cost £2000), if they exchange contracts within 21 days of reservation.
Competitively priced, when compared to other properties locally, where accommodation of this type is under-supplied, Howard Residences is well placed to take advantage of the UK housing crisis, which has seen prices continue to rise strongly in areas of high demand, such as Rotherham.
Where Is The Location Of This UK Buy To Let Investment
Situated in the very heart of Rotherham Town Centre, Howard Residences is one of only a handful of large, period buildings in the area, adding kerb appeal to its central location.
As you might expect from a town centre, local retail units, offices, schools, colleges and transport links are all minutes away by foot, including the main train and bus stations.
Sheffield City Centre, is just 5.6 miles away and the Sheffield Metropolitan area is the third largest in the UK, with a population of just under 1.6m, including the city and suburbs, making it an important focal point of the Northern English economy. Rotherham itself has a population of over 250,000 permanent residents, making it a key town in the region, and is the financial centre for many of the nearby Sheffield suburbs.