Doncaster, DN4 8PP | Investment Property for Sale | VES-DN4-002A

Opportunity to purchase a 25-unit block in Doncaster generating £141,420 rent pa & gross yield of 8.3%

£1,700,000

25-unit Block

VES-DN4-002A

INITIAL INVESTMENT

£502,500

Based on

deposit: £425,000

stamp duty: £51,000

mortgage fees: £1,500

conveyancing fees: £25,000

GROSS RENT

£141,420

GROSS YIELD

8.3%

ADD TO FAVOURITES

The block

TENURE

Freehold

NO OF UNITS

25

TENANCY STATUS

Tenanted

FURNISHED

Yes

TOTAL SQ FT

8,643

PRICE SQ FT

£197

Please note that this property is also part of a larger portfolio listing and the vendor is open to selling the blocks individually.

Block information

  • Spread over four floors (basement to second floor)
  • 25 x studio apartments comprising:
    • lounge/kitchen/bedroom
    • ensuite shower room
  • Shared utility room/kitchen in the basement
  • EPC rating E

Rental information

  • Aggregate monthly rental income: £11,785
  • Aggregate annual rental income: £141,420
  • Aggregate gross yield: 8.3%

Location information

  • The property is located in the Balby area of Doncaster
  • Doncaster city centre is just under 2 miles from the property
  • There is a bus stop a short walk from the property with regular services into the city centre
  • Easy access to the motorway network via the A630

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.

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.

Low Road,

Doncaster,

South Yorkshire,

England,

DN4 8PP

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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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