15 bedroom shared living/flatmate for sale

Overview

Investment Consideration: Current rental income: £82,820 p.a. Total ERV: £110,520 p.a. GIY: 8.84% VAT is NOT applicable to this property Comprises newly converted residential block of 5 apartments and 10-bedroom (12 person) fully licensed HMO Conversion included significant roof works, new windows, new boilers and full refurbishment of all units/areas Property benefits from rear yard and ancillary at basement Total gross internal area of 790 sq m (8,504 sq ft) Situated within 5 min walk from Doncaster Rail Station providing frequent direct services to London Kings Cross, Manchester, Leeds, Sheffield, York and many more. The city centre is undergoing a £300m regeneration programme covering retail, leisure and office spaces Retail occupiers within 5 minute walk include Sainsburys, Greggs, McDonalds, TK Maxx, Burger King and many more. Property Description: The property comprises two-storey newly converted to a high standard residential block, consisting of 4 x 1-bed and 1 x 2-Bed Flats at ground floor and 10-bed (12 person) HMO at first floor. The property benefits from rear yard and basement, providing the following accommodation and dimensions: Ground Floor: 329 sq m (3,541 sq ft) Flat 1 - 1 bedroom, open plan kitchen/living room, bathroom Flat 2 - 1 bedroom, open plan kitchen/living room, bathroom Flat 3 - 2 bedrooms, open plan kitchen/living room, bathroom Flat 4 - Studio, open plan kitchen/living room, bathroom Flat 5 - 1 bedroom, open plan kitchen/living room, bathroom First Floor: 326 sq m (3,510 sq ft) 10 bedrooms (9 en-suite and 1 with private bathroom) 2 Communal kitchens with dining and a separate laundry room Basement: 135 sq m (1,453 sq ft) 6 ancillary/storage rooms Total GIA: 790 sq m (8,504 sq ft) Tenancy: Flat 1 is at present let on AST to an Individual for a term of 6 months from 15th April 2024 at a current rent of £8,400 per annum. Flat 2 is at present let on AST to an Individual for a term of 6 months from 18th March 2024 at a current rent of £9,000 per annum. Flat 3 is at present let on AST to an Individual for a term of 6 months from 27th March 2024 at a current rent of £10,200 per annum. Flat 4 is at present let on AST to an Individual for a term of 6 months from 15th April 2024 at a current rent of £7,800 per annum. Flat 5 is at present vacant. ERV: £8,400 per annum. Room 1 is at present let on AST to an Individual for a term of 6 months from 30th March 2024 at a current rent of £6,720 per annum. Room 2 is at present vacant. ERV: £6,240 per annum. Room 3 is at present let on AST to an Individual for a term of 6 months from 18th March 2024 at a current rent of £6,240 per annum. Room 4 is at present vacant. ERV: £6,720 per annum. Room 5 is at present let on AST to an Individual for a term of 6 months from 17th April 2024 at a current rent of £7,200 per annum. Room 6 is at present let on AST to an Individual for a term of 6 months from 21st March 2024 at a current rent of £7,200 per annum. Room 7 is at present vacant. ERV: £6,240 per annum. Room 8 is at present let on AST to an Individual for a term of 3 months from 4th April 2024 at a current rent of £6,720 per annum. Room 9 is at present let on AST to an Individual for a term of 6 months from 1st May 2024 at a current rent of £6,720 per annum. Room 10 is at present let on AST to an Individual for a term of 6 months from 18th March 2024 at a current rent of £6,720 per annum. Location: Doncaster is the administrative centre of the larger City of Doncaster and is the second largest settlement in South Yorkshire after Sheffield. The property is situated within 5 min walk from Doncaster Rail Station providing frequent direct services to London Kings Cross, Manchester, Leeds, Sheffield, York and many more. The city centre is undergoing a £300m regeneration programme covering retail, leisure and office spaces. Retail occupiers within 5-minute walk include Sainsburys, Greggs, McDonalds, TK Maxx, and Burger King, amongst many more. For more details and to contact: https://realtyww.info/rooms_1_doncaster-d196700/for-sale_i71822827