This is a fantastic investment opportunity to purchase 6 buy-to-let flats. This is a newly converted block of flats which originally was a public house. The conversion was completed back in 2020. The apartments are currently fully tenanted with working professionals and families. The flats include 5 x 2 bedroom flats, and 1 x 1 bedroom flat. There is also a fitted security system in place with CCTV cameras across the development. The total Gross Income is £47,100 per annum and the Gross Yield is 7.30%.
Flat 1 - 639. 59 sq ft (59.42 sq m)
Flat 2 - 593.66 sq ft (55.15 sq m)
Flat 3 - 396.89 sq ft (36.87 sq m)
Flat 4 - 589.53 sq ft (54.79 sq m)
Flat 5 - 555.85 sq ft (51.64 sq m)
Flat 6 - 689.03 sq ft (64.01 sq m)
In addition, the development has an external Garage which has the ability to bring in a further £350 per calendar month (this is based on similar rentals in the area). An extra stream of revenue is also the fitted solar panels which bring in a further £350 per calendar month.
Situated on Dockin Hill Road, in Doncaster the property is well located to the city centre (0.5 miles away) and close to all local amenities and transport links. The local Aldi is a short 3-minute walk away (0.2 miles). The local train station is Doncaster Station which is 0.7 miles away (15-minute walk). The flats are also closeby to local schools including; Townfield Primary school (0.5 miles), Doncaster College (0.3 miles away), and Hall Cross Academy (0.5 miles away).