What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network
Key financials
Profit pa£2,291
ROCE11%
Yield12%
Purchase £ £4,500
Property description
Strategy: Buy to Let
1 BED GROUND FLOOR FLAT | 23.1% BMV | LEASEHOLD
Princes Street, Doncaster, DN1 3BP
Purchase Price: £50,000
Market Value: £65,000
23.1% Below Market Value
1 Bedroom Ground Floor Flat | Leasehold
1 Bathroom
Currently Tenanted at £650 PCM
Lease: 242 Years Remaining
Ground Rent: £250 per annum (Escalating)
Service Charge: £2,000 per annum
Investment Figures
Total Investment Required: £58,500
Monthly Rent: £650 PCM
Gross Yield: 12.0%
ROI (ROCE): 22.1%
Monthly Profit: £190.94
Annual Profit: £2,291.25
Refinance Position
Estimated Market Value: £65,000
Locked-In Equity: £16,250
Money Left In: £10,350
Mortgage Payment: £199.06 PCM
Key Selling Points
* Ground Floor Apartment
* Tenant in Situ Paying £650 PCM
* 242-Year Lease Remaining
* Open-Plan Kitchen/Living Area
* Walking Distance to Doncaster Train Station
* Wide Range of Shops, Cafés & Restaurants Nearby
* Excellent Transport Links
* Easy Access to Surrounding Areas
* Ready-Made Buy-to-Let Investment
Cash buyers or fast finance preferred. Searches to be indemnified.
Message us today to reserve this opportunity before it’s gone.
Sourced reference: 212429114459425
Due diligence
No information supplied.
Disclaimer
Sourced endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and are not to be relied as statements of representation or fact. The selling agent may or may not be the sole agent and will provide confirmation upon request. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency given. All measurements have been taken as a guide and are not precise, please be aware some of the details may be waiting vendor approval. If you require confirmation or further information, please contact the selling agent. Fixtures and fittings are to be confirmed with the seller and not relied upon when listed. Sourced are not responsible for any loss of monies due to the purchase or purchase process with any property listed.
Key financials
Profit pa£2,291
ROCE11%
Yield12%
Purchase £ £4,500
Sales Agent
Jon Solitro
Jon Sol Property
Smart support to move your deal forward
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What is a Sourced Approved Investment?
These properties have been carefully sourced and packaged by experienced property investment specialists and trusted Sourced Partners.
- Pre-vetted for investment potential
- Due diligence carried out
- Tailored for investor goals
- Backed by Sourced's expertise and network