Shadyside, Hexthorpe, Doncaster, South Yorkshire, DN4 0DG
£795,000
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)....
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).
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