£285,000
Studio flat for sale
South Yorkshire, DN4
studio Flat Property description
RESIDENTIAL INVESTMENT - FOR SALE - FREEHOLD - REVERSIONARY - 9% Great opportunity to purchase the freehold of a block of 4 flats in the Bell Vue area of Doncaster on St Helens Road (a highly sought after rental area). Currently 3 of the flats are tenanted with one remaining vacant and openly marketed available for ?850pcm. The overall current income for the block stands at ?26,100 per annum (?36,300 per annum when fully let). The rents are an all inclusive basis (not including council tax) with last years annual cost being ?14,853 per annum. There is scope on the investment to increase the rental levels. The asking price shows a yield of 7.5% on passing rents with a potential return of around 9.1% on the reversionary yields when fully let. Unbroken Freehold Sought after rental location Well maintained building Close to local amenities
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First listed
Over a month agoSouth Yorkshire, DN4
Marketed by
Barnsdales 4 Sidings Court,Doncaster,DN4 5NUCall agent on 01302 308182
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