5 bedroom semi-detached house for sale
Key information
Property description & features
- Tenure: Freehold
The annual gross income is £22,360. At the asking price of £160,000, the gross yield is therefore, approximately, 14.0%.
The total expenses per month are £656. 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 £14,488.
Selling for the asking price of £160,000 results in a net yield of approximately 9.10%. 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 landlord is selling this property to invest in development elsewhere.
This is a wonderful shared house consisting of five bedrooms, a large kitchen, a small shared utility room, a substantial garden with BBQ facilities, and an outdoor veranda for use in cold/wet weather.
The two bedrooms downstairs each feature an en suite. There's also a storage room reserved for Room 3 as Room 3 (which is upstairs) does not have the requisite floorspace. The three rooms upstairs share a bathroom.
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, and the Dome leisure centre.
Council Tax Band: A (Doncaster Council)
Tenure: Freehold
Rooms
Kitchen
A large modern kitchen with seating space and also an additional w/c off the entrance hall. This kitchen is a fantastic space and includes all the essentials and more for you to live at this property without having to buy any cutlery, crockery or cooking utensils.
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Property reference RS0028. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Create Living - Wheatley.
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Broadband availability and predicted speed: obtained from Ofcom on April 3, 2023
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on April 3, 2023
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on December 5, 2018 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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