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 licensed 11-bedroom HMO, currently configured as a 9-bedroom property with a community room, two kitchens, two communal bathrooms, and three en-suite bathrooms. The property has a long-term company tenant that takes care of maintenance, bills, and occupancy rate, generating a net income of £2600 per month. The property offers a potential 50% gross ROI, based on an assumption of 11 rooms at £110 per week per room and 100% occupancy rate. With an EPC rating of D and tenure as a freehold, this property presents a unique opportunity for investors.