Offers in region of
£1,495,000
14 bed block of flats for saleCleveland Street, Doncaster DN1
14 beds
11 baths
11 receptions
EPC Rating: C
About this property
6 Months of guaranteed rental income upon completion
Freehold sale of City Centre Apartment Block
8 x 1 Bed & 3 x 2 Bed apartments
3 x fully leased commercial units
Rental Income of £10,700pcm
Projected ROI of 12.4%
EPC Rated B & C
Doncaster City Centre Location
Recently developed to a very high standard
*Buyer's Premium Applies
This freehold apartment block in Doncaster's city centre presents a remarkable investment opportunity. The property consists of eight one-bedroom and three two-bedroom apartments, all fully occupied with high occupancy rates. In addition to the residential units, the block includes three fully occupied commercial units, contributing to an monthly rental income of £10,700. This rental income will be guaranteed for the new owner's for the first 6 months upon purchase meaning there will be no void or rent losses to worry about for the new owner for a substantial period of time.
The property has been recently developed to a high standard, ensuring a modern and appealing environment for tenants and is always fully occupied.
With an excellent return on investment of 12.4%, this property is an attractive option for those looking to expand their portfolio. The apartments boast EPC ratings of B & C, reflecting the building's energy efficiency and modern amenities. Situated in a central location in the heart of Doncaster City Centre, residents and tenants will benefit from easy access to local amenities, transport links, and the vibrant city life that Doncaster has to offer.
Doncaster is known for its rich history and cultural attractions, making it a desirable location for both residents and businesses. The city's ongoing development and regeneration projects continue to enhance its appeal as a significant hub in the region. This apartment block offers not only immediate rental income but also long-term growth potential as Doncaster continues to thrive.
Given the property's prime location and high standard of development, interest is expected to be considerable. Don't miss out on this exceptional investment opportunity; contact us today for more information.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information
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