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1 bedroom apartment for sale
Blyth Road, Doncaster, South Yorkshire, DN11
£160,000
Blyth Road, Doncaster, South Yorkshire, DN11
£160,000
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 apartments in Doncaster, offering 10% yields for 25 years. The property is currently leased to a non-profit housing company under a fully internally repairing insurance lease with annual Consumer Price Index increases, providing a high potential for growth in rental income. The apartments are situated 1 mile from Junction 34 of the A1(M) and offer easy access to Doncaster, Sheffield, and Nottingham. The property is fully managed and has all running and repair costs covered, making it a hands-off investment opportunity. The assisted living market is considered a secure and profitable market for property investment, offering a strong return on investment and the chance to benefit from a growing and in-demand sector.