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Balby Road, Doncaster DN4 6 bed terraced house for sale
Balby Road , Doncaster DN4
£250,000
Balby Road , Doncaster DN4
£250,000
Our Summary
- Situated in the popular Balby district, this property offers a solid investment opportunity with full occupancy
Description
This six-bedroom HMO property on Balby Road, Doncaster, offers a solid investment opportunity with full occupancy. The property generates a current rental income of £27,000 per year, providing a strong yield of 10.8% based on the asking price of £250,000. The house is a three-storey mid-terrace property with six separate lettable rooms, sharing communal kitchen, lounge, and bathroom amenities. The property adheres to HMO safety regulations and is situated on a busy main road, attracting consistent tenant interest from working tenants and contractors due to its proximity to the town centre, hospital, and major employers. The property can be managed by the investor or an agency, making it an attractive option for those looking for a hassle-free investment with a strong yield.