44-48 Balfour Road, Bentley, Doncaster, South Yorkshire DN5 0NN
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
6
- BATHROOMS
6
- 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.
Ask agent
Key features
- FOR SALE VIA NATIONAL ONLINE AUCTION ON MONDAY 13TH MAY AT 1PM WITH AUCTION HOUSE SOUTH YORKSHIRE
- PLEASE REGISTER TO BID VIA OUR WEBSITE - AUCTIONHOUSE.CO.UK/SOUTHYORKSHIRE
Description
44-48 Balfour Road, Bentley • DN5 0NN
please register to bid via our website - auctionhouse.co.uk/southyorkshire
A substantial freehold block of 6 apartments fully let on assured shorthold tenancy agreements, many of them to long standing established tenants and providing a healthy annual income of £26,439, or around 20% gross yield at around the guide price figure, with scope to increase in line with market rates. The six properties are sold with all rental certification in place and have independent access, meters for gas and electricity, own central heating systems and double glazing.
The building has private outside space with further future development potential, subject to planning, as similar end units have obtained planning permission for additional attached dwellings.
Occupying a corner position with potential for car parking to the rear, located a short drive or bus journey into the City of Doncaster, and close to large national employers nearby, these properties are always likely to be in high demand from tenants looking for affordable accommodation. We understand from the sellers solicitor that purchasers would still benefit from multiple dwelling relief on the property purchases , ie no stamp duty payable before the relief is withdrawn.
A significant building in an area popular with tenants and providing an income from the day of purchase , a rare opportunity to purchase such an investment property , with all six properties located on one site for ease of management.
Current tenancies and incomes ;
•{tab}44a Balfour £425pcm
•{tab}44b Balfour £325pcm
•{tab}46a Balfour £325pcm
•{tab}46b Balfour £425pcm
•{tab}48a Balfour £346.66pcm
•{tab}48b Balfour £356.67pcm
Local housing allowances for this type of property are circa £375 per month , indicating a potential uplift in rental returns and a projected income around £30,000 per annum.
External viewings only as tenanted, please do not disturb tenants peaceful enjoyment of the property. Video tour available for 44a taken before its recent re-let , and the legal pack will contain inventories and condition reports including photographs for the remainder of the properties.
Tenure - see legals
Council - A
Tenure: See Legal Pack
EPC Rating: see legal pack
Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1200 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- 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.
- Ask agent
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
44-48 Balfour Road, Bentley, Doncaster, South Yorkshire DN5 0NN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Bentley (South Yorks.) Station0.7 miles
- Doncaster Station2.3 miles
- Adwick Station2.2 miles
About the agent
Auction House, Covering South Yorkshire
Blades Enterprise Centre, John Street, Sheffield, S2 4QX
Why Use Auction House South Yorkshire?
. Market position Auction House are firmly established as the UKs no.1 property auctioneers based on lots sold, last year our total exceeded 3,700 and nationally we sell over 75% of lot entered to our room auctions. We are market leaders across Yorkshire and hold regular auctions in Leeds, Sheffield and Beverley. We also operate Online Auctions with sales every Thursday (except over Christmas and the New Year.
· Trusted Brand Auction Ho
Notes
Staying secure when looking for property
Ensure you're up to date with our latest advice on how to avoid fraud or scams when looking for property online.
Visit our security centre to find out moreDisclaimer - Property reference 202404241628sq_3nje. 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 Auction House, Covering South Yorkshire. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, Covering South Yorkshire on 0114 223 0777.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
Map data ©OpenStreetMap contributors.