St Helens Rd Apartments Doncaster
St. Helens Road, Doncaster, South Yorkshire, DN4 5EQ
Key Features
- Secure open storage land
- Available late autumn 2025
- Easy access to A1
Description
RESIDENTIAL INVESTMENT - FOR SALE - FREEHOLD - REVERSIONARY - 9%
Great opportunity to purchase the freehold of a block of 4 flats in the Bell Vue area of Doncaster on St Helens Road (a highly sought after rental area).
Currently 3 of the flats are tenanted with one remaining vacant and openly marketed available for £850pcm. The overall current income for the block stands at £26,100 per annum (£36,300 per annum when fully let). The rents are an all inclusive basis (not including council tax) with last years annual cost being £14,853 per annum.
There is scope on the investment to increase the rental levels. The asking price shows a yield of 7.5% on passing rents with a potential return of around 9.1% on the reversionary yields when fully let.
Comments
Viewings: Viewings strictly by prior appointment with the agents: James Humphreys Surveyor D: 01302 304430 M: 07944 938 254 E: James.Humphreys@barnsdales.co.uk