Overview

Fantastic opportunity to purchase a well-established 6-bedroom, all en-suite HMO in Doncaster. The property has been recently refurbished in the last couple of years to a high standard and is well laid out with a great flow throughout, with the large communal kitchen/diner is at the heart of the property.

The ground floor comprises two downstairs bedrooms on either side of the kitchen, the first floor has three further bedrooms and the entire second floor is the sixth bedroom.

The property is fully occupied with fully vetted quality tenants in-situ and it has remained in very good condition due to an excellent local managing agent. In total, the Gross Income is £30,576 per annum and the Gross Yield is 12.74%.

Well located in Doncaster, the property benefits from fantastic positioning to local amenities with the local Lidl store within a 4- minute walk (0.2 miles). Also, ideally located for tenants with local gyms nearby, cafes, takeaway houses, and restaurants. In addition, the local bus stop is within a 3-minute walk (0.1 miles). For wider transport links, Doncaster train station is within a 25-minute walk (1.2 miles). Overall, the property is very well positioned for tenants working in the town centre, Lakeside shopping outlet village, Tuckhill Road Hospital etc.

Investment Information

Full Address: 3 Rose Avenue, Doncaster DN4 8BH

Asking Price: £240,000.00

Number Of Bedrooms: 6

Number Of Bathrooms: 5

Fully managed by local lettings agency

Tenanted: Yes

Set up: Currently used as a fully licensed HMO property

Tenure: Freehold

Price range:

6 Bedroom HMO £240,000

Reservation:

£2,000 reservation fee (takes the unit off the market)

Broker Fee 6%

Exchange though solicitor 

Completed project 

Mortgage or cash