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Please note that this is an off-market opportunity that is available to qualified buyers only.
Please get in touch and quote the reference number above to speak to a member of our sales team who can advise on the information that will be required from you in order for us to be able to share more detailed and confidential information related to the opportunity.
This block of apartments was originally an office building that has been converted into residential dwellings through the permitted development initiative. The site is located in an area in Doncaster, which is undergoing significant regeneration after being classified as a Government Housing Zone in 2015. Over 150 acres of land has been consented for development to accommodate more housing along with new schools, sports pitches, community facilities, and open spaces.
Given the planned regeneration works in the area, the scheme is ideally positioned to benefit from an ever-growing demand for the private rental sector (PRS) accommodation. The developer acquired the site with a view to build good quality and affordable homes for local residents to be able to rent. The development is due to be completed in Q3 of this year after which point they will let each of the apartments through a lettings business they own under their group of companies. Their intention is to sell the development as an income generating asset, which they have successfully done many times previously to various funds.
The purchase of the development can be structured in a number of ways depending on the preference of the buyer.
Please note that there is a freehold premium of £587,500.
Please get in contact with our sales team for further details.
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.
Doncaster is located on the A1 and M18 motorways and is within 20 minutes of the key M1 and M62 motorways.
The town 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 town 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 town; 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.
Point of reference - not exact location,
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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