Property Summary
Prime Property Auctions is excited to present this fantastic opportunity, this vacant spacious 1 bedroom flat located within a sought after location in Doncaster *** Guide Price of £75,000 ***
***57, Apartment 76, St Sepulchre Gate, Doncaster, South Yorkshire DN1 1DD sold for £115,000, Apartment 64, Danum House, 51 - 57, St Sepulchre Gate, Doncaster, South Yorkshire DN1 1DD sold for £120,000***
Property currently Vacant could achieve market rent of between £800 - £900 PCM / £9,600 - £10,800 PA which could give the property an impressive gross yield of 12.8- 14.4% based on the guide of £75,000.
Airbnb nightly rate up to £150 per night (subject to gaining necessary planning consents) Assuming 80% occupancy, flat could achieve £3650 PCM(£43,800 P/A) which would generate an incredible 58.4% gross yield if secured at the guide of £75,000.
Property is located near a whole host of local amenities including many popular restaurants, bars and supermarkets, with local schools also nearby. Sure to appeal to investors looking for an easy lettable flat.
Prime Property Auctions is excited to present this fantastic opportunity, this vacant spacious 1 bedroom flat located within a sought after location in Doncaster ***Guide Price of £75,000***
Property Comprises:
1 Bedroom, Bathroom, Kitchen, Living Room. Property also benefits from ample storage throughout
Sales Evidence:
***57, Apartment 76, St Sepulchre Gate, Doncaster, South Yorkshire DN1 1DD sold for £115,000, Apartment 64, Danum House, 51 - 57, St Sepulchre Gate, Doncaster, South Yorkshire DN1 1DD sold for £120,000***
Property currently Vacant could achieve market rent of between £800 - £900 PCM / £9,600 - £10,800 PA which could give the property an impressive gross yield of 12.8- 14.4% based on the guide of £75,000.
Airbnb nightly rate up to £150 per night (subject to gaining necessary planning consents) Assuming 80% occupancy, flat could achieve £3650 PCM(£43,800 P/A) which would generate an incredible 58.4% gross yield if secured at the guide of £75,000.
Sure to appeal to shrewd buy to let investors looking for a great high yielding opportunity with great capital growth potential.
Property is situated in a desirable area with great access to motorways, local amenities, restaurants, schools and sports facilities.
This lot is open to immediate offers. Should you wish to offer NOW, you can do so via our “Offer Now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale.
The property will feature in our upcoming timed online auction. To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created please contact the team.
Location:
Doncaster, a historic market town in South Yorkshire, England, presents a robust investment opportunity characterised by strategic location, economic dynamism, and significant development projects. Situated at a major intersection of road and rail networks, Doncaster offers exceptional connectivity, including proximity to the East Coast Main Line and Doncaster Sheffield Airport. The town's economy is diverse, with strengths in logistics, manufacturing, aviation, and rail engineering. Recent regeneration initiatives, such as the Doncaster Urban Centre Masterplan, aim to revitalise the town centre and enhance infrastructure. Additionally, Doncaster's status as an inland port and its proximity to major cities like Leeds and Sheffield further bolster its economic appeal. This blend of strategic location, economic diversity, and proactive development makes Doncaster an attractive choice for investors seeking a thriving and well-connected market.
