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BTL in Doncaster
About this property
Turnkey - BTL - Doncaster
GUARANTEED RENT OPTION AVAILABLE FOR PEACE OF MIND AND 'HANDS OFF' INVESTMENT (See Below)
** 2-bed terraced property with basement
** City Centre location
** Close proximity to Doncaster Royal Infirmary
** 72 sqm
** No chain
** Ready to rent
** Council Tax Band A
** Vacant possession
** No chain
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
Key Financials example: -
BASED ON RECOMMENDED PURCHASE PRICE OF £70,000 :-
Suggested price is £15,000 below market value and therefore the equity will be more than your costs to purchase the property.
BTL mortgage (2yr fixed, LTV 75%, interest 5%)
* Monthly mortgage payment: £218.75
* Market rent = £800 per month with guaranteed rent option available (paid to you on time, tenanted or not) at approx £600
* Net monthly rental profit = £471.25
* Net annual rental profit = £5,655
* Profit projection in 10 years capital growth 5.5% PCA = £49,570.11
* Profit projection in 10 years net rental growth 4% PCA = £67,894.54
* Total profit projection over 10 years = £117,464.55
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
Investment calculators
Estimate only, using UK additional-property SDLT rates. Confirm the exact figure with a solicitor or accountant before exchanging.
Ltd company (SPV) purchases pay the same additional-property SDLT rates, but mortgage interest is fully deductible against rental profits.
Need finance? Sourced Financial Services can find the right mortgage for this deal and secure same-day decisions in principle.
Speak to a broker