Doncaster, DN11 0PH | Investment Property for Sale | VES-DN11-002

Opportunity to purchase a HMO property in Doncaster generating £33,024 rent pa & gross yield of 12.4%

£266,530

HMO End of Terrace House

VES-DN11-002

INITIAL INVESTMENT

£80,455

Based on

deposit: £66,633

stamp duty: £11,322

mortgage fees: £1,500

conveyancing fees: £1,000

GROSS RENT

£33,024

GROSS YIELD

12.4%

ADD TO FAVOURITES

The property

TENANCY

Tenanted

TENURE

Freehold

6 bedrooms

6 bathrooms

0

1,044

Fully Furnished

Property information

  • HMO licence for 6 persons forming 6 households
  • 6 bedrooms with ensuite bathrooms
  • Shared kitchen
  • Large conservatory
  • EPC rating D
  • Council tax band A
  • The property is managed by a third party
  • Long-standing tenants

Rental information

  • Room 1 - £90 pw
  • Room 2 - £90 pw
  • Room 3 - £100 pw
  • Room 4 - £100 pw
  • Room 5 - £90 pw
  • Room 6 - £115 pw
  • Weekly rental income: £585
  • Monthly rental income: £2,535
  • Annual rental income: £30,420

Running costs

The vendor pays around £600 pcm (variable) for the following running costs of the property:

  • Gas & electricity
  • Council tax
  • Broadband
  • Water
  • TV licence
  • Management fees

Location information

  • The property is located within the New Rossington area of Doncaster
  • Doncaster centre is 5 miles from the property
  • There is a bus stop with regular service into Doncaster a short walk from the property
  • Easy access to junction 3 of the M18

Note

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

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.

Edward Street,

New Rossington,

Doncaster,

South Yorkshire,

England,

DN11 0PH

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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.

Your capital is at risk. Property values may decline and the property might not be able to be rented at amounts sufficient to cover debt interest costs, operating expenses and liabilities, and might not result in a positive cash flow. Property is an illiquid asset and should not be viewed as a short-term investment.

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