Investment opportunity located on the outskirts of Doncaster City Centre. Presenting a block of three fully tenanted 1-bedroom apartments, this property promises an attractive return on investment with a current monthly income of £1,200, equating to a yield of 8.5%.
Property Overview:
1. Strong Rental Income:
With a current monthly rental income of £1,200, this property boasts an impressive 8.5% yield, making it a lucrative addition to any investment portfolio.
2. Fully Tenanted:
All three flats are currently occupied, providing a consistent and reliable income stream from day one of ownership.
3. Modern Interiors:
Each flat features modern bathrooms and kitchens, ensuring a comfortable and attractive living environment for tenants. These modern amenities enhance the property's appeal and help maintain high occupancy rates.
4. Low Operating Costs:
As a freehold property, you'll enjoy the advantage of zero ground rent or service charges, maximising your profitability and reducing ongoing expenses.
Investment Potential:
The current rental income reflects a stable and attractive investment, and there is further potential for growth in rental income, given the strong demand for well-maintained 1-bedroom apartments in this area.
Location:
Hexthorpe offers easy access to the City Centre. It is known for being an appealing choice for renters.
This property is an excellent opportunity for both seasoned investors looking to expand their portfolio and newcomers seeking a reliable and profitable investment.
Don't miss out on this fantastic investment opportunity! Schedule a viewing today.
*Please note, photos of flats 2 and 3 were taken between tenancies.