BTL in Doncaster

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.