8A Lime Tree Crescent, New Rossington, Doncaster, DN11 0BT

RESIDENTIAL INVESTMENT PORTFOLIO

This freehold portfolio is being sold as one lot and is not held in a Special Purchase Vehicle (SPV) or Limited Company.

Each property is let on an Assured Shorthold Tenancy (AST) agreement (copies of which are available on request) and the total current rent being paid is £87,420 per annum.

We believe all the properties have scope for rental increases of c.10% and bringing the total annual rent roll to c.£96,000 per annum (buyers should make their own market assessment as to where they believe current rental values lie for each property).

The properties are:

8a Limetree Crescent, Rossington, Doncaster, DN11 0BT
8b Limetree Crescent, Rossington, Doncaster, DN11 0BT
8c Limetree Crescent, Rossington, Doncaster, DN11 0BT
8d Limetree Crescent, Rossington, Doncaster, DN11 0BT
1 Walnut Avenue, Auckley, Doncaster, DN9 3EZ
1a Walnut Avenue, Auckley, Doncaster, DN9 3EZ
Willow Lodge, Willow Crescent, Auckley, Doncaster, DN9 3HA
64a Paxton Crescent, Armthorpe, Doncaster, DN3 2AW
64b Paxton Crescent, Armthorpe, Doncaster, DN3 2AW
29b Briar Road, Armthorpe, Doncaster, DN3 2EE

We are instructed to seek offers in the region of £1,457,000 (ONE MILLION FOUR HUNDRED AND FIFTY SEVEN THOUSAND POUNDS) for the freehold interest in all ten properties and subject to the occupational tenancies.

A purchase at this level reflects a Gross Initial Yield of 6% and a Gross Reversionary Yield (based on the above assessment of where the rents could be) of 6.6%.

ENERGY PERFORMANCE CERTIFICATE (EPC)
8a Limetree Crescent - B83,
8b Limetree Crescent - B85,
8c Limetree Crescent - B85,
8d Limetree Crescent - B84,
1 Walnut Avenue - C71,
1a Walnut Avenue - B83 (expired),
Willow Lodge - B83 (expired),
64a Paxton Crescent - B81 (expired),
64b Paxton Crescent - B81 (expired),
29b Briar Road - B84

(PLEASE NOTE WHERE THE EPC HAS EXPIRED THESE ARE BEING UPDATED AND WE ANTICIPATE THEM BEING A; 'B' OR 'C' RATING).

AML
In accordance with the Money Laundering Regulations prospective purchasers will be asked to produce identification of the intended purchaser and other documentation to support any offers submitted to the vendors.

All properties are located within suburbs of Doncaster in established residential areas in Rossington, Auckley and Armthorpe.