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5 bedroom terraced house for sale
Littlemoor Lane, Doncaster, South Yorkshire, DN4
£185,000
Littlemoor Lane, Doncaster, South Yorkshire, DN4
£185,000
Our Summary
- Property Overview An excellent turnkey investment opportunity - this fully licensed 5-bedroom House in Multiple Occupation (HMO) is situated in the sought-after DN4 area of Doncaster
Description
This is a fully licensed 5-bedroom House in Multiple Occupation (HMO) in the sought-after DN4 area of Doncaster, generating strong and consistent income. The property has 5 bedrooms and 2 shared bathrooms, with shared kitchen and bathroom facilities, and is compliant with local authority standards. The HMO licence is in place, making it an ideal investment opportunity for hands-off investors seeking high yields with minimal operational risk. The property currently generates a gross annual income of £26,000, with estimated operating costs of £6,500, resulting in a net annual income of £19,500 and a net monthly income of £1,625. The property offers a gross yield of 14.05% and a net yield of 10.54%, making it an attractive investment opportunity for those seeking a reliable income stream.