Properties

Psalters Lane, Rotherham

Sold

This property was bought by the vendor in December 2017 for £65,000. The property had since been improved, but the seller needed to sell quickly. A cash buyer picked up the property for £52,500, gaining a good BMV property discount and some good equity in the property, as well as an excellent rental yield, to add to their growing portfolio.

Discount Available: 19%

Property Type: 2 Bed End Terrace

Open Market Value: £65,000

Net Purchase Value: £52,500

Equity Bonus: £12,500

Estimated Rental: £450

Yield: 10.3%