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SOLD STC

Hall Gate, Doncaster, DN1

PROPERTY TYPE

Flat

BEDROOMS

3

BATHROOMS

1

SIZE

2,562 sq ft

238 sq m

TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Floorplan 1Floorplan 2
5

Key features

  • Fully Let commercial premises on Ground Floor
  • Current Rental Income of £2800pcm
  • No Onward Chain
  • Newly agreed commercial lease
  • Residential Unit above split into three floors
  • Potential to convert into 2 or 3 apartments
  • Ideally situated in Doncaster City Centre
  • Strong projected ROI of 16.6%
  • *Buyer's Premium Applies

Description

Situated in the heart of Doncaster, this commercial property on Hall Gate presents an excellent opportunity for investors. The ground floor is fully let with a newly agreed commercial lease of £2800pcm, ensuring a steady income stream. Above, the residential unit spans three floors and offers the potential to be split into two or three separate flats or retained as an HMO, increasing its appeal and versatility.

The property boasts a substantial build area of 238m2, offering ample space for various uses. Its prime location in Doncaster city centre ensures easy access to local amenities and transport links, making it an attractive choice for both businesses and residents. The surrounding area is vibrant, with numerous shops, eateries, and cultural attractions nearby.

This freehold property comes with the advantage of no onward chain, facilitating a smooth purchase process. Don't miss out on this opportunity to secure a high-yielding asset in a sought-after location.

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*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
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.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Hall Gate, Doncaster, DN1

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About BRH, Doncaster

The Castle Mill, Minneymoor Hill, Conisbrough, Doncaster, DN12 3EN
Industry affiliations:

BRH are specialists in Property Sales, Lettings & Management. We have a unique proposition that enables vendors to sell their properties completely free of charge, no strings attached. They are considered experts on the Private Rented Sector and as such they specialise in supporting Landlords with the management of their rental properties and assisting investors with building profitable and sustainable portfolios.

BRH offers a full estate agency service that surpasses the service offered by both traditional and online estate agents, in fact they have turned the traditional estate agency model on its head, at BRH the buyer pays the fee and they believe that's the way it should be. They have a proven track record of attracting buyers who are ready, willing and able to buy properties at market price, leaving vendors thousands of pounds better off, if needed, they even provide a free EPC! Based on a typical property value of £200,000 and in comparison to a traditional estate agency fee of 1.5% a BRH vendor would save £3000.

BRH are considered experts in property management and specialists in the letting of residential properties to both the private rented sector and housing associations. Registered with the Property Ombudsman and ARLA , with full client money protection in place, you can be assured of the highest standards. Over the last 5 years they have developed a range of 'guaranteed rent' and long term lease options that give their clients far greater options when it comes to securing the most profitable letting arrangements for their investment properties. For Landlords or Investors that are looking for industry experts, with exceptional knowledge, to advise, guide or deliver a comprehensive full management letting service, then BRH is the right Agency for you.

Affordability

Monthly repayments£1,437
Property: £ 315,000
Deposit: £ 31,500
Interest rate: 4.5%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference RX605278. 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 BRH, 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.

*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.

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