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AGENT'S DETAILS


21, Morley Road, Doncaster, South Yorkshire, DN1 2TW

For sale: £155,000.00|House, Mixed Use, Other, Residential, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£155,000.00
ADDRESS21, Morley Road, Doncaster, South Yorkshire, DN1 2TW
TYPEHouse, Mixed Use, Other, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON24th February 2021

DESCRIPTION

The Property Advantage are pleased to market this great yielding 5 Bed HMO in Doncaster. The Property was refurbished recently to a fantastic standard and attracts working tenants, The property offers generous room sizes with double beds .On the ground floor there is a modern well fitted kitchen with a door out into the rear yard. The property offers comfortable furnishings throughout and the the furnishings, fixtures and fittings will be included in the sale. Morley Road is located very close to the town centre and has good amenities within walking distance, there is commuting links with multiple bus stops nearby. Doncaster Train station is 1.1 miles away from the property and The Doncaster Royal Infirmary Hospital is only 0.4 miles from the property. Doncaster has seen vibrant economic activities around distribution and warehousing due to its location, and as a testament it’s a home to a few Amazon warehouses. It’s also home to a popular racecourse and National College for High Speed Rail, training engineers for future HS2. Achieving a yield of 13.25% with an income of £20,540 at full occupancy this is a great property for investors.

Room 1 £346.67 / Room 2 £368.33 / Room 3 £346.67 / Room 4 £303.33 / Room 5 £346.67

= £1,711.67 PCM - £20,540.00 PA

Outgoings;

Gas £80.00 / Electric £140.00 / Water £34.50 / Council Tax £112.00 / Broadband £40.00 / TV Licence £13.37

= £422.54 PCM - £5,070.48 PA

The seller is currently paying £136.93 PCM for management

Income
Room 1 £346.67 / Room 2 £368.33 / Room 3 £346.67 / Room 4 £303.33 / Room 5 £346.67

= £1,711.67 PCM - £20,540.00 PA

Outgoings;

Gas £80.00 / Electric £140.00 / Water £34.50 / Council Tax £112.00 / Broadband £40.00 / TV Licence £13.37

= £422.54 PCM - £5,070.48 PA

The seller is currently paying £136.93 PCM for management

Features
5 Bed HMO In Doncaster

Refurbished To A Great Standard

Fantastic Gross Yield of 13.25%

Fully Licensed and Compliant

£20,540 Gross Income PA

2% + Vat Buyers Fee

LOCATION

Location: 21, Morley Road, Doncaster, South Yorkshire, DN1 2TW

Doncaster (1.0 miles)

Bentley (South Yorks) (1.5 miles)

Kirk Sandall (2.8 miles)

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