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1 bedroom apartment for sale
Blyth Road, Doncaster, South Yorkshire, DN11
£156,000
Blyth Road, Doncaster, South Yorkshire, DN11
£156,000
Our Summary
- One of the most unique aspects of investing at Harworth house is that it is currently being leased to the non-profit housing company under a fully internally repairing insurance (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, and with the national CPI rising at an unprecedented rate in recent years, the scope for growth in rental income through CPI increases is extremely high
Description
Harworth House is a collection of newly built assisted living studio, 1 bed, and 2 bed apartments located in the desirable area of Harworth, Doncaster. The property is being leased to a non-profit housing company under a fully internally repairing insurance (FIRI) lease with annual Consumer Price Index (CPI) increases, providing a high potential for growth in rental income. The assisted living market is a secure and profitable investment opportunity, with many properties receiving above-average rental yields and long-term government leases in the majority of cases. Doncaster is a strategic location with excellent transport links, including the east coast mainline and multiple major roads, making it an attractive option for investors.