Somerset Road, Doncaster DN1 11 bed house of multiple occupation for sale

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Somerset Road, Doncaster DN1 11 bed house of multiple occupation for sale

Somerset Road, Hyde Park, Doncaster, DN1
£375,000

Our Summary

  • Look no further, this fantastic investment opportunity has the potential of a 50% gross ROI
  • Great investment opportunity

Description

This fantastic investment opportunity is a 9-bedroom HMO property with a community room, two kitchens, and three ensuites, currently generating a net income of £2600 per month. The property has a long-term company tenant responsible for maintenance, bills, and occupancy rate, making it a low-maintenance investment. With the potential to increase the number of rooms to 11, the property could generate a 50% gross ROI, based on an assumption of £110 per week per room and 100% occupancy rate. The property is freehold and has a D EPC rating.