161-169 Dodworth Road, Barnsley, S70 6HW Under Offer

20 18 6

£875,000 Portfolio for sale
Under Offer

Description

The Property Advantage are delighted to present this portfolio in Barnsley Town Centre, consisting of four properties. Together there are 12 HMO rooms with 12 Bathrooms and two blocks of two apartments, both with a 1 Bed/1 Bath flat and a 3 Bed/2 Bath flat.

These properties are currently under construction and due to complete the end of April. The portfolio of properties will be finished to a very high standard, hence they are the perfect 'hands off investment opportunity, forecast to produce a combined income of £81,888 per annum.

Well located on Dodworth Road in Barnsley Town Centre, they are ideally located to all local amenities with a Londis 0.4 miles away and multiple supermarkets under a mile away from the properties including Morrisons and Iceland. The transport links are quite literally a stones throw away from the property with a bus route within 40 feet of the property. Furthermore, the local train station is within walking distance, 0.9 miles away.

Income;

161 Dodworth Road; £2,387 PCM / £28,644 PA

163 Dodworth Road; £2,387 PCM / £28,644 PA

167 Dodworth Road; £1,025 PCM / £12,300 PA

169 Dodworth Road; £1,025 PCM / £12,300 PA

Expenses; (Please Note this is an estimate from a previous HMO project so expenses may vary)

Gas £80 / Electric £120 / Water £50 / Council Tax £110 /

TV License £12 / Broadband £40 / Cleaner £70 / Management £358.05

Total; £840.05 PCM / £10,080 Per Annum

Gross Yield: 9.30%

Buyer Fee: 2.00% + VAT

Reference: TSC-91952382
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Features

  • Portfolio Of Four Properties
  • Brand Newly Renovated
  • 12 HMO Rooms, 12 Bathrooms
  • Two Blocks of Flats
  • Combined Income of £81,888
  • Buyers Fee 2% + VAT
  • Gross Yield 9.3

Enquiry

To make an enquiry for this property, please call us on 01743 612 018, or complete the form below.