ADDRESS1, Jubilee Road, Doncaster, South Yorkshire, DN1 2UE
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 six bed HMO located in Doncaster. The property is of good condition with happy tenants. Currently having one room vacant there is a great managing agent in place and the property should be fully tenanted prior to completion.
Set over three floors, There is 2 shared bathrooms, a separate W/C and a shared kitchen. The property is fully licenced and compliant. Offering a good yield of 11.81% based on £23,619 income PA at full occupancy.
Doncaster Royal Infirmary Hospital is only a short walk away (0.7 miles) and the property also has great local amenities and transport links. 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.
INCOME;
Room 1 £368.33 / Room 2 £320.00 / Room 3 £320.00
Room 4 £320.00 / Room 5 £320.00 / Room 6 £320.00
£1,968.33 PCM / £23,619.96
OUTGOINGS
Gas and Electric £121.00 / Water £78.20 / Council Tax £93.00
Broadband £47.00 / Cleaner £60.00
£399.20 PCM / £4,790.40 PA
The seller is currently paying £216.52 PCM Management