This property has been taken off the market.

5 Bed Terraced House For Sale Littlemoor Lane, Doncaster, DN4

£255,000- Terraced

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Last Updated: 19th March 2024

Description

Investment Information \r
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-\tFull address: 61 Littlemoor Lane, Doncaster DN4 0LQ\r
-\tProperty Type: Mid terraced (5 bed HMO)\r
-\tCurrently Fully Tenanted \r
-\tAverage Rental Per Room: £102.40 per week \r
-\tGross Annual Income: £26,624.00\r
-\tEstimated Running Costs: £9,000.00\r
-\tNet Income: £17,624.00\r
-\tGross Yield: 10.4%\r
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Pure Investor brings to the market this fantastic opportunity to purchase this 5 bed HMO located along the River Don, a short walk from the city centre. Conveniently situated for Doncaster Rail and Bus Stations, city centre, business parks and motorway access, is this Licensed HMO investment property, offering comfortable, well presented accommodation. Just a 6-minute drive away from Doncaster town centre, 11 minutes by public transport, and just a 20-minute walk. On the neighbouring roads, the tenants have access to amenities such as: Supermarkets and Convenience Stores, Pharmacies, Fast Food restaurants, Pubs, Restaurants and Bars, Gyms, Parks, Public, Transport Links. \r
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Since managing the property, the developer has obtained an occupancy of between 95-100%. The property is managed in house by One Heritage Property Services, who then employ the services of a sub agent closer to the property for a more thorough and efficient service for the tenants, and then a landlord.
Agent Details
Pure
Pure, The Forum, Tameside Business Park, Windmill Lane, Manchester, M34 3QS

Investment Analysis

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested