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Block Freehold plus Flat 1 & 2, 115... 2 bed flat for sale
Block Freehold plus Flat 1 & 2, 115 Doncaster Road,, Goldthorpe,, Barnsley, South Yorkshire S63 9JA
£40,000
Block Freehold plus Flat 1 & 2, 115 Doncaster Road,, Goldthorpe,, Barnsley, South Yorkshire S63 9JA
£40,000
Our Summary
- Auction Commencing on Monday 24th November at 1pm and ending 24 hours later on Tuesday 25th November at 1pm with Auction House South YorkshirePlease register to bid via our website - auctionhouse
- FREEHOLD COMES WITH COURTYARD LAND WITH PRTNEITAL FOR DEVELOPMENT *internal pics pending
- An excellent investment opportunity to purchase the freehold title of this end terraced property and TWO one bedroom apartments
- The freehold comes with associated land and courtyard offering excellent development potential
- Flat 1 is currently vacant and is in need of remedial work to get to a lettable standard Flat 2 is tenanted and generating regular rental income currently at £425pcmBoth flats present excellent buy-to-let potential, with scope to increase the rent to £450 per calendar month each, giving a combined rental income of £900 per month
Description
Auction House South Yorkshire is hosting an auction on November 24th-25th, featuring a unique investment opportunity. The property is a block freehold with two one-bedroom flats, situated on Doncaster Road in Goldthorpe. The freehold comes with associated land and a courtyard, offering potential for development. The two flats, currently generating £425 per month in rental income, have scope to increase to £450 per month each, totaling £900 per month or £10,000 annually. The property is in need of some remedial work, but presents an excellent buy-to-let opportunity for investors looking to expand their rental portfolio. With strong rental demand and excellent transport links, this property is an attractive option for those seeking a ready-made addition to their investment portfolio.