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.
This deal is suitable for first time investors.
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.
The agent has highlighted that this deal offers a high return on capital employed, allowing your investment to work hard in generating you income.
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IMMACULATE TURNKEY INVESTMENT OPPORTUNITY
Approximately £47,500 equity from the outset
EPC C - 2030 ready
122.1 sq m
No chain for simple purchase
Garden
Close to train station
Central location
x2 toilets
Financial Information
Current value: £115,000
Purchase price: £90,000
Purchase costs: £6,000
Refurb/works cost: £3,000
Sourcing fee: £4,000
GDV: £115,000
Monthly profit (£): £476.25
Annual profit: £5,715
Monthly rent: £875
Annual rent: £10,500
ROCE (%): 17%
Yield: 12%
Money left after refinance: £32,781
Investment required: £32,781
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.