Stag Inn, 15 Dockin Hill Road, Doncaster, South Yorkshire, DN1 2RD
11 6 0£595,000 Block of flats for sale
This is a fantastic investment opportunity to purchase 6 buy-to-let flats. This is a newly converted block of flats which originally was a public house. The conversion was completed back in 2020. The apartments are currently fully tenanted with working professionals and families. The flats include 5 x 2 bedroom flats, and 1 x 1 bedroom flat. There is also a fitted security system in place with CCTV cameras across the development. The total Gross Income is £47,100 per annum and the Gross Yield is 7.91%.
Flat 1 - 639. 59 sq ft (59.42 sq m)
Flat 2 - 593.66 sq ft (55.15 sq m)
Flat 3 - 396.89 sq ft (36.87 sq m)
Flat 4 - 589.53 sq ft (54.79 sq m)
Flat 5 - 555.85 sq ft (51.64 sq m)
Flat 6 - 689.03 sq ft (64.01 sq m)
In addition, the development has an external Garage which has the ability to bring in a further £350 per calendar month (this is based on similar rentals in the area). An extra stream of revenue is also the fitted solar panels which bring in a further £350 per calendar month.
Situated on Dockin Hill Road, in Doncaster the property is well located to the city centre (0.5 miles away) and close to all local amenities and transport links. The local Aldi is a short 3-minute walk away (0.2 miles). The local train station is Doncaster Station which is 0.7 miles away (15-minute walk). The flats are also closeby to local schools including; Townfield Primary school (0.5 miles), Doncaster College (0.3 miles away), and Hall Cross Academy (0.5 miles away).
Flat 1 - £577 / Flat 2 - £575 / Flat 3 - £500 / Flat 4 - £550 /
Flat 5 - £550 / Flat 6 - £575
*+ Solar panels - £350
+ Garage Storage Potential - £250
Total ; £3,925 PCM / £47,100 PA
Management Fee (Estimated) - £166.25 PCM
CCTV £18 PCM
Total; £84.25 PCM / £2,211 PA
Gross Yield: 7.91%
Buyer Fee: 2.00% + VAT
- Block Of Flats
- Newly Converted
- Well Maintained & Managed
- Gross Income : £47,100 PA
- Gross Yield : 7.91%
- 2% +VAT Buyer's Fee
To make an enquiry for this property, please call us on 01743 612 018, or complete the form below.