Doncaster is a bustling city located in South Yorkshire that offers a range of attractive features for those looking to purchase a property. Steeped in history and with a strong economy, Doncaster is quickly becoming a desirable location for those seeking affordable housing, quality education, and ample job opportunities. Although it may not have the glamour of London, Doncaster has its own charm and unique appeal that makes it worth considering when purchasing a property.
As with many cities in the north of the UK, house prices sit lower than other major cities, such as Cambridge and London, with the average property price in Doncaster being £180,898 in 2022. This makes the area an affordable place to purchase, and especially appealing to first-time buyers. Property prices are seeing steady growth in the area, with an increase of around 3%, and it continues to grow thanks to Doncaster’s recently awarded city status.
Doncaster is an ambitious city, and in 2022, was named as one of the best places in Europe to invest, so there’s never been a better time to make the most to this Yorkshire wonder!
Search our directory to find the best-rated mortgage advisers in Doncaster. Here are a few to get you started
Affordable Housing: Doncaster is an ideal location for those who are looking to purchase property without breaking the bank. Compared to London’s high prices, the average house price in Doncaster sits at a much more affordable price point. This means that first-time buyers and families can own a home without the hefty price tag that comes with larger cities.
Buy-to-Let Opportunities: The rental market in Doncaster is also booming, making it an ideal location for those looking for a buy-to-let property. With a growing population and a range of employment opportunities, there is a high demand for rental properties. The average rental yield in Doncaster is around 5%, which makes it a potentially lucrative investment for those seeking rental income.
Transport Links: Doncaster is well-connected with excellent transport links, including the M18 and M1 motorways, national rail services, and the Doncaster Sheffield Airport, making it easy for residents to get about.
Thriving Economy: With a strong economy, thanks to a range of industries including logistics, manufacturing, and distribution, there is a diverse range of job opportunities available in Doncaster that helps to support the city’s financial market.
Getting on to the property ladder in Doncaster is known to be particularly challenging, especially for first-time buyers, who are often expected to stump up large deposits. Using a mortgage adviser to help you with your purchase is recommended as they are best placed to advise you throughout the purchasing purchase. Another advantage is that they may have exclusive offers with lenders that aren’t widely available.
Doncaster mortgage advisers will also be able to help you with paperwork to speed up applications, as well as analyse all costs and features of the mortgage, not just the interest rate. Ultimately, property purchasing is not without stresses and by using a mortgage adviser that has a strong knowledge of both the property market and Doncaster itself, will help make the process smoother for you.
Doncaster is a vibrant town with a rich history and cultural heritage. It boasts a range of attractions, including museums, galleries, and historic landmarks, as well as a thriving nightlife and music scene. There are also plenty of green spaces, independent shops, cafes, and restaurants, making it an ideal location for those who enjoy the outdoors, socializing, and exploring.
The social scene in Doncaster is diverse, with many pubs, bars, and clubs catering to a variety of tastes. There are also plenty of live music venues, including the Doncaster Dome, which hosts concerts and events throughout the year.
In addition to its vibrant nightlife, Doncaster is also known for its green spaces. The town has many parks and gardens, including the 69-acre Sandall Park, which features a lake, woodland trails, and play areas for children. Other notable parks include the 100-acre Keepmoat Stadium Park and the 26-acre Cusworth Park, which features a Grade I listed country house.
If you are keen on a spot of retail therapy, Doncaster has a decent mix of high street chains and independent stores. The Frenchgate Shopping Centre is the main retail destination, with over 120 stores, including fashion, beauty, and food outlets. Doncaster also has a popular market, which dates back to the 16th century and is known for its fresh produce, meat, and fish.
Safety is always a primary concern when moving to a new area, but Doncaster is a safe and welcoming city. It has an average crime rate for a city of its size, with the city centre and surrounding areas having frequent police patrols and a visible police presence. Whilst the hustle and bustle of this city can make it busy, you can rest assured that safety is a top priority for Doncaster.
Search today using our directory tool to find a mortgage adviser in Doncaster that can help you on your quest to secure the perfect property in the capital.