Doncaster is exceptionally well situated and well connected regarding transport and convenience. The city offers easy access to major towns like Sheffield, Leeds and Manchester. This means the city attracts plenty of rental demand and investment and job opportunities, improving buy-to-let investors’ prospects.
The city is located in the heart of the motorway system, with convenient access to the M18, M1, A1(M), M62 and the M180. This placement has made Doncaster the location of choice for many big businesses, including Amazon, contributing to the city’s growing economy.
The city is also well-placed for rail links as it lies on the East Coast main line. Doncaster Train Station has been transformed thanks to recent regeneration, making it a more attractive gateway to the city. Another advantage is that trains to London are frequent and journeys can be made to the capital in just 88 minutes. Home to Doncaster College and University Centre, the city also hosts over 7,511 students. Learn more about the types of student accommodation for sale in the UK with our guide.
As mentioned, Doncaster’s average property price is significantly cheaper than the UK average. The overall average for the city is over £100,000 less, and this average in certain areas is even more affordable again. In particular, the low prices of property in the city centre and inner suburbs have made them popular spots for buy-to-let.
This is one of the main advantages of investing in Doncaster compared to many other areas, as the lower initial investment cost may lead to more generous returns in the future, especially for investors willing to play the long game and wait for sizable capital growth to occur. We have also published a useful guide on ways to explore to generate passive income in the UK property market.