3-Bed BTL in Doncaster

Turnkey 3-Bed BTL in Doncaster

* Recently refurbished
* Market rent: £850 per month
* ROCE: 19%
* Gross Yield: 13%
* GUARANTEED RENT OPTION AVAILABLE FOR PEACE OF MIND AND 'HANDS OFF' INVESTMENT (See Below)

Key property details:
* 3 bed end terrace
* Quiet Street
* 100 sqm
* EPC D
* Council tax band A
* City centre location
* Vacant possession
* No chain

Key Financials example BTL mortgage 2yr fixed LTV 75% interest 5%:
BASED ON RECOMMENDED PURCHASE PRICE OF £80,000 :-
* Deposit: £20,000
* Legals: £1,500
* Stamp duty: £4,000
* Refurb costs: £0
* Market value: £90,000
* Gross annual rent: £10,200
* Monthly profit after costs: £485
* Annual profit: £5,820
* Gross yield: 13%
* ROCE: 19%
* Net rent mortgage coverage: 294%
* Profit projection in 10 years capital growth 5% PCA = £56,600.52
* Profit projection in 10 years net rental growth 4% PCA = £69,875.54
*Total profit projection over 10 years = £126,476.06

Why buy in Doncaster:-

* Doncaster is considered an appealing investment proposition as it is affordable but with good rental yields
* It is a logistics and distribution central location. Direct trains to London are available and it neighbours the A1(M) and M18
* Doncaster-Sheffield airport is due to re-open in 2028 creating employment and convenience of travel
* Rental demand is high and is expected to increase

GUARANTEED RENT: No stress hands free investment!
** A guaranteed rental income paid to you on time, every month.
** You still get paid even if the sub-tenant pays late or doesn’t pay at all.
** No set up fees, monthly commissions, or hidden extras.
** No direct contact with the sub-tenant. Everything is dealt with. No queries or complaints for you to deal with.
** A guaranteed contract start date – no void periods to worry about.
** If ever needed, court costs and the eviction process covered whilst still being paid.
** Property inspections and maintenance management taken care of.
** Internal condition guaranteed (subject to fair wear and tear) up to one and half months’ rent.

Why Invest with Sourced?

We handle everything for you; sourcing the property, doing the refurbishment, placing tenants, and collecting rent. You simply purchase the asset and receive the net income.

Comprehensive property wealth-building package in one place:-

-Sourced Investment Agents: Sourcing investment opportunities tailored to your criteria.
-Sourced Enterprise: Limited company and SPV formations with tax-efficient portfolio structuring and accounting solutions.
-Sourced Finance: Access specialist property lending and mortgages, created specifically for investors.
-Sourced Lettings: Seamlessly integrate property management using our nationwide lettings management service.

Do you provide any additional services?

I can personally recommend the following additional services for peace of mind:-

• A top-tier legal conveyancing team
• A professional and compliant renovation team
• Guaranteed rent options

Here is a link to more of my property deals https://sourced.co/partner/michaelparry/properties/?page=1