New buy to rent properties in Doncaster village
Land in Bentley has been acquired to create 60 new build to rent homes for the local community.
Andrew Mitchell, group investment director at investment company Godwin Capital, which has completed the purchase of the site located off Watch House Lane, said: “This is an important scheme for us to develop 60 two and three bedroom houses specifically for the rental market.
“The UK is currently experiencing a housing shortage crisis and this investment will bring much needed housing stock to the local area and community.
“It will be our first investment in Doncaster delivering quality family homes specifically for rent.
“We are keen to engage with companies and land owners who are seeking joint venture opportunities, bringing together our investment expertise and third party development sites.”
Godwin released the picture above as an impression of what the Bentley development may look like once complete.
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Buy to rent refers to the purchase of a property to let it out. Specially designed buy to let mortgages are a mortgage loan for this purpose.
This investment in Doncaster follows a period of sustained growth for Godwin Group which includes the launch of its London office last year.Bentley is a suburb two miles north of Doncaster town centre.
A former mining village, it sits on the River Don. Bentley Colliery closed in 1993 and is now Bentley Park.
There is a railway station that serves Bentley and which was opened in 1992. It lies on the Wakefield Line connecting the community to Leeds, Sheffield and Wakefield.
For more local property news visit www.doncasterfreepress.co.uk