>
14 bedroom house of multiple occupation for sale
Thorne Road, Doncaster, South Yorkshire
£875,000
Thorne Road, Doncaster, South Yorkshire
£875,000
Our Summary
- Attractive Dual Property Investment Opportunity Address: 59/59a Thorne Road, Doncaster, DN1 2EX (Two properties on separate titles) Property Breakdown: 59 Thorne Road: 10-bed licensed HMO, all ensuite with kitchen and dining facilities 59a Thorne Road: 4 self-contained serviced apartments, all ensuite with kitchen facilities Maximum occupancy: 16 tenants (2 rooms double occupancy) Tenant Type: Working Professionals Prime Location & Economic Growth Doncaster, one of South Yorkshire’s key economic hubs, is rapidly growing and diversifying, presenting an excellent investment opportunity
- The potential to increase occupancy to 19 tenants presents an opportunity to further enhance rental income and overall investment returns
- With strong demand from working professionals and low operating costs, these properties provide a turnkey investment opportunity in a fast-growing rental market
Description
This is a dual property investment opportunity in Doncaster, consisting of a 10-bed licensed HMO and 4 self-contained serviced apartments. The properties are well-located near the town center, employment hubs, and local amenities, making them attractive to working professionals. The HMO has a maximum occupancy of 16 tenants, while the serviced apartments can accommodate 4 tenants. The combined monthly income is £9,668, with a gross annual income of £116,016. The net yield is 8.47%, making it a high-yielding investment. The properties benefit from ongoing infrastructure developments and regeneration projects, ensuring long-term economic stability and a consistent demand for rental properties. The investment offers a diversified income stream and is suitable for remote landlords or local supported living providers looking for a hands-off investment.