Buy to Let in Doncaster, First-Time Investor Friendly
About this property
The proposed strategy is to acquire the property and let it to tenants for consistent rental income and longer-term capital growth. The figures should be reviewed alongside local demand, expected running costs and finance terms.
This deal can generate high cashflow.
The agent has highlighted that this property is projected to achieve a high occupancy rate due to high demand in the local area.
This deal is suitable for first time investors.
This deal is suitable for hands off investors, suitable for investors with limited time or for overseas investors.
This property offers a high yield in rental income, therefor being a great cashflow generating asset.
This is a turnkey property investment opportunity, meaning that the property does not require any refurbishment, allowing you to earn cashfow or sell the property efficiently.
The agent believes this property is being sold at a discounted price, below the open market value.
This area has been shown to have a high capital growth.
This property is in close proximity to major local amenities such as schools, transport links, and vibrant shopping hubs, thereby ensuring daily essentials are easily accessible.
STRONG TURNKEY INVESTMENT OPPORTUNITY
The total cash required to buy this deal is £31,265
Equity from the outset £41,250
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Turnkey ready to rent
Approximately £41,250 equity from the outset
No chain for simple purchase
Vacant possession ready for tenant
Direct links to Leeds and London
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The benefits of owning a standard BTL
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- True Passive Income: A single-family BTL requires very little day-to-day oversight. You do not have to worry about constant tenant turnover, managing interpersonal roommate disputes, and dealing with higher wear-and-tear.
- Simpler Exit Strategy: A standard BTL can easily be sold to either another investor or a regular home buyer. Without structural changes like fire doors, washbasins in rooms, or lost living rooms that restrict your resale market almost entirely to other specialist investors, stunting long-term capital growth.
- Fewer Regulatory Hurdles: No mandatory licences, No strict room-size thresholds, No Article 4 directives, Selective licensing in very few areas.
- Low risk investment: Build equity over time with an appreciating asset which also pays you monthly profit.
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Financial Information
Current value: £95,000
Purchase price: £85,000
Purchase costs: £5,750
Refurb/works cost: £0
Sourcing fee: £4,000
GDV: £95,000
Monthly profit (£): £401.88
Annual profit: £4,822.50
Monthly rent: £775
Annual rent: £9,300
ROCE (%): 15%
Yield: 11%
Money left after refinance: £31,265
Investment required: £31,265
Investment calculators
Need finance? Sourced Financial Services specialise in HMO mortgages and can secure same-day decisions in principle.
Speak to a brokerAssumes English SDLT rates and 3% additional property surcharge. Welsh LTT and Scottish LBTT differ. Always confirm with your solicitor.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.