2 bedroom apartment for sale

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2 bedroom apartment for sale

Blyth Road, Doncaster, South Yorkshire, DN11
£190,000

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 a unique investment opportunity. The property is currently leased to a non-profit housing company under a fully internally repairing insurance (FIRI) lease, which includes annual Consumer Price Index (CPI) increases, providing a high scope for growth in rental income. The apartments are built to a high standard and offer a 10% yield for 25 years, with all running and repair costs covered. The property is fully managed, allowing for a hands-off investment, and offers a strong return on investment. Doncaster is a strategic location with excellent road and rail links, making it an attractive investment opportunity.
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