Laughton Road, Hexthorpe, DN4
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
1
- BATHROOMS
1
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Investment Opportunity
- 3 tenanted apartments
- Generating £1,200 PCM
- Offering a yield of 8.5%
- Freehold Property
- All Units Have Modern Kitchen and Bathrooms
Description
Investment opportunity located on the outskirts of Doncaster City Centre. Presenting a block of three fully tenanted 1-bedroom apartments, this property promises an attractive return on investment with a current monthly income of £1,200, equating to a yield of 8.5%.
Property Overview:
1. Strong Rental Income:
With a current monthly rental income of £1,200, this property boasts an impressive 8.5% yield, making it a lucrative addition to any investment portfolio.
2. Fully Tenanted:
All three flats are currently occupied, providing a consistent and reliable income stream from day one of ownership.
3. Modern Interiors:
Each flat features modern bathrooms and kitchens, ensuring a comfortable and attractive living environment for tenants. These modern amenities enhance the property's appeal and help maintain high occupancy rates.
4. Low Operating Costs:
As a freehold property, you'll enjoy the advantage of zero ground rent or service charges, maximising your profitability and reducing ongoing expenses.
Investment Potential:
The current rental income reflects a stable and attractive investment, and there is further potential for growth in rental income, given the strong demand for well-maintained 1-bedroom apartments in this area.
Location:
Hexthorpe offers easy access to the City Centre. It is known for being an appealing choice for renters.
This property is an excellent opportunity for both seasoned investors looking to expand their portfolio and newcomers seeking a reliable and profitable investment.
Don't miss out on this fantastic investment opportunity! Schedule a viewing today.
*Please note, photos of flats 2 and 3 were taken between tenancies.
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
Band: A
Laughton Road, Hexthorpe, DN4
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Doncaster Station0.3 miles
- Bentley (South Yorks.) Station1.8 miles
- Adwick Station3.9 miles
About the agent
Elite Property, Doncaster
3 Cavendish Court South Parade, Doncaster, DN1 2DJ
At Elite Property our mission is simple - to put the person at the heart of every property transaction. We understand that property is not just a financial transaction, but a deeply personal and significant moment in your life. That's why we focus on you, your individual circumstances and your unique needs.
With over 15 years of experience in the property industry, we have honed our expertise to ensure that our clients receive exceptional service and support throughout their property jo
Notes
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Visit our security centre to find out moreDisclaimer - Property reference S885496. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Elite Property, Doncaster. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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