A BRAND-NEW INVESTMENT property to the market with 10.56% Net Yield (if bought in cash) and 17.18% if mortgaged! NET INCOME of £2,773. This 6-bed, newly renovated property would be bought with management through a well-established Lettings company already in place. <br /> <br />Investment Property for Sale <br /> <br />From a developer with huge experience of multi-let property development and subsequent service. <br /> <br />Very high yielding with full property management included, so there is minimal work for a new owner. <br /> <br />5 Bedrooms including en-suites to all with conservatory lounge and fully fitted new kitchen. <br /> <br />Perfectly situated in a popular residential area of Rotherham, close to the Town Centre, railway connections, and numerous motorways. Local amenities and shops close by. This is a semi-detached house which is being converted into a 5 x en-suite bedroom multi-let house where rents are £100 + /room/week on average. <br /> <br />* Gross monthly income: £2,773 (£33,280 Annually) <br />* Net monthly Income: £2,223 (£26,676 Annually) after all bills and management fees. <br />* Net Yield if Bought in cash: 10.56% PA <br />* Investor NET Yield if Remortgaged: 17.18%. <br />* Net Yield based on 63.42% LTV mortgage. <br /> <br />The selling developer has 27 years plus + development experience and owns a lettings company which has for several years specialised in multi-let rentals only. <br /> <br />The above agency is for the sole use of our clients who buy our exclusive deals from us. This agency is currently operating at more than 90% occupancy. <br /> <br />We have a loyal following of excellent investors who would be happy to talk to you about how well we would take care of you. We are extremely confident of them giving us a glowing report. <br /> <br />We look forward to being of service to you. <br /> <br />Bespoke Lettings Office.