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AGENT'S DETAILS


73, Kings Road, Doncaster, South Yorkshire, DN1 2NA

For sale: £165,000.00|House, Mixed Use, Other, Residential, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£165,000.00
ADDRESS73, Kings Road, Doncaster, South Yorkshire, DN1 2NA
TYPEHouse, Mixed Use, Other, Residential, Other Property Types & Opportunities
TENUREInvestment Opportunity, For Sale Freehold
POSTED ON26th February 2021

DESCRIPTION

The Property Advantage are pleased to market this fantastic yielding and fully licensed 5 bedroom HMO in the article 4 area of Doncaster, close to the town centre. The property consists of 5 bedrooms (one en-suite) and a shared bathroom and kitchen. Room 2 has access to the back garden. The property was refurbished in May 2018 and has been well maintained since with new painting throughout in the last 5 months.

Aldi is within a 1 minute walk of the property and tenants are able to walk into town within 5 minutes as well as the train station within 10 minute walk. The bus stop which takes tenants to work in the distribution centres that surround Doncaster is located at the bottom of the street. Located in a very popular HMO area, the property offers high quality living to the tenants. Doncaster is famous for its distribution centres and is currently in phase 3 of the building of the iPort. 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 13.07% with an income of £21,563.40 at full occupancy this is a great property for investors.

Room rates:

Rooms 1 £346.40 / Room 2 £346.40 / Room 3 £411.35 / Room 4 £346.40 / Room 5 £346.40

Total income £1,796.95 PCM / £21,563.40 PA

Council Tax: £112.00 / Gas and Electric: £170.00 / Water: £35.00 / Tv licence £12.50 / Broadband £33.00

Cleaner £20.00 = £382.50 PCM / £4,590.00 PA

The seller currently pays £180.00 PCM Management

Income
Room 1 £346.40 / Room 2 £346.40 / Room 3 £411.35 / Room 4 £346.40 / Room 5 £346.40

Total income £1,796.95 PCM / £21,563.40 PA

Council Tax: £112.00 / Gas and Electric: £170.00 / Water: £35.00 / Tv licence £12.50 / Broadband £33.00

Cleaner £20.00 = £382.50 PCM / £4,590.00 PA

The seller currently pays £180.00 PCM Management

Features
Licensed 5-bed HMO

High Yielding Opportunity

Refurbished in 2018

Close to Local Amenities

£21,563 PA At Full Occupancy

2% + VAT Buyers Fee Applies

LOCATION

Location: 73, Kings Road, Doncaster, South Yorkshire, DN1 2NA

Doncaster (0.7 miles)

Bentley (South Yorks) (1.6 miles)

Kirk Sandall (3.2 miles)

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