1 Bed Flat For Sale Laughton Road, Doncaster, DN4

£170,000- Flat

1 of 12
  • Description
  • Street View
  • Maps
Last Updated: 21st March 2024

Description

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.

Agent Details
Elite Property
3 Cavendish Court South Parade, Doncaster, DN1 2DJ

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 1 bedroom property. See more properties like this.

£120,000
Doncaster, DN4
End Of Terrace
9.6
£90,000
Doncaster, DN4
Terraced
9.4
£85,000
Doncaster, DN1
Terraced
9.2
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested