Buy to Let in Mexborough, First-Time Investor Friendly

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 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.
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.

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No chain for simple purchase
Turnkey - ready to let
Sizeable outdoor space
Cellar
89 sqm
Close to train station
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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: £80,000
Purchase costs: £5,500
Refurb/works cost: £0
Sourcing fee: £4,000
GDV: £95,000
Monthly profit (£): £350
Annual profit: £4,200
Monthly rent: £700
Annual rent: £8,400
ROCE (%): 14%
Yield: 11%
Money left after refinance: £29,750
Investment required: £29,750