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£70,000
Princes Street, Doncaster, South Yorkshire, DN1
- 1 bed
£70,000
- 1 bed
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*** Guide Price £80,000*** 9.2% ROI consistently since purchase in 2018.
A fantastic opportunity to purchase a modern styled flat that has been kept to the highest standards by the current owner and located in a well-regarded location in Doncaster, close to local schools, transport links, shopping facilities, and amenities. This property is an ideal home or investment with its spacious rooms, modern style bathroom, and kitchen. There is nothing to do other than move straight in, with a fully fitted kitchen, including integrated oven and a space for a dining table, whilst also benefitting from uPVC double glazing and gas central heating.
For Investors
The property has consistently achieved £615 per month with no breaks in tenancy. Furniture is available for purchase along with the flat for an instant turnaround.
About The Building
This development is an exciting office-to-residential property conversion on Princes Street in Doncaster. It occupies a wonderfully convenient location in the bustling town centre. The development comprises of 51 highly desirable, single-bedroom properties with a strong appeal to discerning professional tenants.
The subject of a multi-million pound redevelopment by Empire Property Concepts, the property was originally built in the 1970s but a comprehensive refit will see the creation of attractive, modern apartments with a high specification and an energy efficient design. Tenants will appreciate its central location and its proximity to all of Doncaster’s principal amenities.
Investors, on the other hand, will recognise its outstanding appeal as a financial vehicle as its apartments will occupy an area of exceptional rental demand. With a huge amount of regeneration work taking place locally, they also offer a real chance to benefit from substantial capital appreciation.
Why Invest in Doncaster?
Doncaster offers investors an attractive combination: low investment costs and high yields, coupled with the prospect of fast-rising demand and excellent capital appreciation. The town has proven to be one of the UK property hotspots of 2018. Massive investment in a town of only 110,000 residents is sure to have a transformative effect on the local property market, so there are excellent grounds for optimism.
YIELDS: Yorkshire has shown the largest rent hike in the country over the last 12 months. Rents have shot up by 14.4 per cent..
Download a copy of Doncaster's "Masterplan", an informative piece giving an insight in to the direction the town is heading and the huge scope for growth that exists.
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