We took off our felt too and, because the timber was wet/rotting at the corners (because is should have been done much earlier!) stripped off the timber base too. Then we used metal sheet cladding fixed directly to the rafters from the outside with self-drilling bolts. Straightforward and much much longer life - it'll see me out, I reckon. Various shapes and colours available so not too difficult to find something to suit. By adding 1 or 2 transparent sections along each side the rather dark shed is now a temple of light! Interesting sounds when it rains, of course, but nice...