No longer on the market
This property is no longer on the market
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Floorplan
Map6 bedroom terraced house
Chain-free
Sold STC
Terraced house
6 beds
6 baths
1377
EPC rating: C
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Licensed and Certified
- Fully tenanted
- BTL Investment
- Recently refurbished
- All rooms en suite
- Chain Free
- Remote Viewing Available
- Double Glazing
The following figures have been calculated assuming full occupation.
The annual gross income is £34,320. At the asking price of £230,000, the gross yield is therefore, approximately, 14.9%.
The monthly expenses have been estimated to be £918. This includes water, gas, electric, broadband, council tax, and managing agency fees. Please note that this does not include maintenance costs as they are irregular and inconsistent.
Given the cost of expenses per month, the annual net income is therefore £23,304.
Selling for the asking price of £230,000 results in a net yield of approximately 10.1%. Please note that this does not account for a mortgage or costs due to the purchasing process such as stamp duty land tax, valuation/survey costs, search costs, conveyancer fees, etc.
The current landlord bought the property before it was an HMO and invested in a refurbishment. Now, after having successfully run it as an HMO for some years, the landlord would like to sell it for a profit.
Having been built in approximately 1900, the design is that of an old-fashioned town house. It contains six bedrooms across three floors. Each bedroom comes with an en suite bathroom containing a shower, toilet and sink. The rooms are also furnished with a double-bed, wardrobe and bedside drawers.
The tenants share one modernized kitchen that is situated on the bottom floor. This contains two ovens, both fitted with electric hobs and oven hoods, and a man-sized fridge/freezer.
While the property is terraced, only one of the neighbouring properties is occupied. The property to the left, while an eyesore, is the one unoccupied and currently undergoing development.
The property is located only a five-minute drive from the city centre. It is also situated on the main road connecting the city centre to the south-west villages of Balby, Warmsworth and Conisbrough, making it an ideal residence for people employed in any of those areas. Within walking distance are a Lidl supermarket, a post office and various food outlets.
We (CREATE) are both overseeing the sale of the property and are currently managing its tenancy. We ensure that all mandatory property checks are made and keep certificates and records as proof. We also do six-monthly inspections.
Doncaster has recently acquired city status which should bring investment over the next few years. The city also has its longstanding attractions, those being the racecourse, bars & nightclubs, a cinema, a bowling alley, the Keepmoat stadium and the Dome leisure centre.
Council Tax Band: A (Doncaster Council)
Tenure: Freehold
The annual gross income is £34,320. At the asking price of £230,000, the gross yield is therefore, approximately, 14.9%.
The monthly expenses have been estimated to be £918. This includes water, gas, electric, broadband, council tax, and managing agency fees. Please note that this does not include maintenance costs as they are irregular and inconsistent.
Given the cost of expenses per month, the annual net income is therefore £23,304.
Selling for the asking price of £230,000 results in a net yield of approximately 10.1%. Please note that this does not account for a mortgage or costs due to the purchasing process such as stamp duty land tax, valuation/survey costs, search costs, conveyancer fees, etc.
The current landlord bought the property before it was an HMO and invested in a refurbishment. Now, after having successfully run it as an HMO for some years, the landlord would like to sell it for a profit.
Having been built in approximately 1900, the design is that of an old-fashioned town house. It contains six bedrooms across three floors. Each bedroom comes with an en suite bathroom containing a shower, toilet and sink. The rooms are also furnished with a double-bed, wardrobe and bedside drawers.
The tenants share one modernized kitchen that is situated on the bottom floor. This contains two ovens, both fitted with electric hobs and oven hoods, and a man-sized fridge/freezer.
While the property is terraced, only one of the neighbouring properties is occupied. The property to the left, while an eyesore, is the one unoccupied and currently undergoing development.
The property is located only a five-minute drive from the city centre. It is also situated on the main road connecting the city centre to the south-west villages of Balby, Warmsworth and Conisbrough, making it an ideal residence for people employed in any of those areas. Within walking distance are a Lidl supermarket, a post office and various food outlets.
We (CREATE) are both overseeing the sale of the property and are currently managing its tenancy. We ensure that all mandatory property checks are made and keep certificates and records as proof. We also do six-monthly inspections.
Doncaster has recently acquired city status which should bring investment over the next few years. The city also has its longstanding attractions, those being the racecourse, bars & nightclubs, a cinema, a bowling alley, the Keepmoat stadium and the Dome leisure centre.
Council Tax Band: A (Doncaster Council)
Tenure: Freehold
Property information from this agent
About this agent
Create Living are specialist off plan and new build development estate agents. As experienced investors and property developers ourselves, our independent agency was formed to support fellow developers to sell their new homes. With a vast amount of experience and knowledge within the property industry, our professional team are aware of our sellers needs and we create unique marketing campaigns to gain exposure to your property. Having built our own developments, we realised there was a gap in the market for selling off plan developments, where most agents aren't specialised in. From this, our niche agency was formed; enabling us to support fellow developers who need experienced and knowledgeable professionals within the market to sell their new homes. With our team holding many years of experience within estate agency, including the residential, investment and luxury market, we operate very differently to other agents. We have a personal approach to selling properties and use alternative marketing strategies to gain you maximum market value for your property. We also don't only sell new builds and developments! Our team can support you to sell your own personal home or investment property too. Our wide network within the industry, means we have a wide range of buyers all looking for different criteria when purchasing properties. Buying and selling a home can be a stressful and emotional process - which is why we operate a personal approach! Our team will meet with you in person to discuss your requirements, tailor a marketing campaign especially for your property and you will have a dedicated agent who will guide you through the entire process - making it as hassle free as possible. If you would like anymore information about our agency or to pop into our offices for a chat please do get in touch...