Doncaster, DN1 2RD | Investment Property for Sale | VES-DN1-009

Opportunity to purchase a 6-unit freehold block in Doncaster generating a 6.6% gross yield

£625,000

6-unit Block

VES-DN1-009

INITIAL INVESTMENT

£182,500

Based on

deposit: £156,250

stamp duty: £18,750

mortgage fees: £1,500

conveyancing fees: £6,000

GROSS RENT

£41,400

GROSS YIELD

6.6%

ADD TO FAVOURITES

The block

TENURE

Freehold

NO OF UNITS

6

TENANCY STATUS

Tenanted

FURNISHED

No

TOTAL SQ FT

3,466

PRICE SQ FT

£180

Block information

  • The property is a detached former public house converted into 6 self-contained apartments arranged over the ground and first floor
  • The property has recently been fully refurbished
  • It comes with fully-owned solar panels which have an estimated ability to produce 2,940kWh pa
  • The development also benefits from an external garage that has the ability to generate a further £4,200 rent pa
  • The block comprises of:
    • 1 x 1-bed apartment
    • 5 x 2-bed apartments
  • EPC ratings C & D
  • Council tax band A

Rental information

  • The block is fully let and generates:
    • Aggregate rental income pcm: £3,450
    • Aggregate rental income pa: £41,400
    • Aggregate gross yield: 6.6%

Location information

  • The property is located just 0.5 mile from Doncaster town centre
  • It is close to local amenities as well as local schools
  • Doncaster railway station is under 1 mile from the property and can be reached in under 20 minutes on foot
  • Easy access to the A19 and A630

Available upon request

  • Breakdown of the block
  • EPCs for all units

Note

Please note that Vesta has not visited this property and that all material has been provided by the vendor.

Floorplans

Documents available on request, please contact for viewings or further questions.

The information relating to this property is supplied by the vendor and was the latest available information at the time of listing. Certain information may expire or become inaccurate over time.

Vesta makes no warranty as to the accuracy or completeness of the property listing or any associated information. All information should be reviewed by the purchaser and their solicitor.

About Doncaster, South Yorkshire

Doncaster is located on the A1 and M18 motorways and is within 20 minutes of the key M1 and M62 motorways.

Doncaster has received city status in May 2022 as part of the Queen's Platinum Jubilee and is one of seven new cities in the UK.

The city is about 17 miles north-east of Sheffield, and is served by an international airport, Doncaster Sheffield Airport in Finningley. Doncaster train station links the town to the major cities of London, York, Leeds, Sheffield, Manchester, Newcastle and further North. The East Coast Main Line is linking England’s and Scotland’s capital and passing directly through Doncaster.

Doncaster is a historic market city and renowned for its horse racing, rich railway heritage and its wealth of Georgian and Regency architecture. Some of the iconic landmarks are Conisbrough Castle, an English Heritage site; Brodsworth Hall; Doncaster Market with some 400 shops, stalls and stands; the Corn Exchange, a Victorian listed house offering a wide range of quality retailers; Doncaster Minster, a Grade 1 listed building standing in the heart of the Doncaster; and Cast, Doncaster’s flagship theatre which is home to world-class entertainment.

Furthermore, there are a few large employers based in Doncaster such as Polypipe International, Trackwork and DFS (formerly Northern Upholstery) who still have their head office here and many more.

Dockin Hill Road,

Doncaster,

South Yorkshire,

England,

DN1 2RD

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Important Note

All information contained in this website is provided as a guideline only, is based on estimates and assumptions, may not be accurate or complete, and is subject to change. We make no representations or warranties with regards to this information, expressed or otherwise. A buyer who relies on such information does so at their own risk. Buyers are advised to seek independent financial advice and should undertake their own due diligence.

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