ADDRESS148A Shadyside, Hexthorpe, Doncaster, South Yorkshire, DN4
TYPEOther, Other Property Types & Opportunities
TENUREUnder Offer, For Sale Freehold
POSTED ON29th May 2025
Description
The property has been extensively converted and refurbished in 2022 and comprises a three storey residential block of 7 socially rented supported living apartments (Class C3) with private car parking, bike storage, managers office with kitchen, refuse area and outdoor communal area. Further photographs and a virtual tour are provided on the PPH website.
A securely let supported living Residential Freehold investment.
Let until 2038 with no breaks.
Generating a rental income of £63,700 pa with annual 1.5% fixed rental uplifts.
Extensively refurbished in 2022.
Situated approximately 1 mile from Doncaster City Centre and Main train station.
Purchase price - £795,000, reflecting a net initial yield of 7.6% (allowing for typical purchaser's costs). ( Agency Pilot Software ref: 25445 )