6 bedroom terraced house for sale

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6 bedroom terraced house for sale

St. Vincent Avenue, Doncaster, South Yorkshire, DN1
£140,000

Our Summary

  • Fantastic Investment Opportunity - 6-Bedroom HMO in Doncaster City Centre This spacious 6-bedroom, 2-bathroom licensed HMO is situated in a prime central location in Doncaster, just a short walk from the city centre, transport links, and local amenities
  • The property offers an excellent opportunity for investors looking to add value through refurbishment and reconfiguration
  • Requiring full modernisation throughout, the property is ideal for those looking to undertake a project with strong potential returns
  • There is clear scope to convert the layout to include en-suite facilities in each bedroom (subject to the necessary consents), significantly increasing both rental income and the long-term value of the property (see floorplan)
  • Key Features: -6 generously sized bedrooms -2 shared bathrooms -Potential to convert to all en-suite rooms (a couple of studio style rooms) -Fully licensed HMO -Walking distance to Doncaster city centre and train station -Ideal for full refurbishment and value-add investment -High rental demand area Potential rent roll: Room 1 - 125 p/w or 542 pcm Room 2 - 150 p/w or 650 pcm Room 3 - 130 p/w or 563 pcm Room 4 - 125 p/w or 542 pcm Room 5 - 130 p/w or 563 pcm Room 6 - 150 p/w or 650 pcm Gross Annual Income approx
  • This is a rare opportunity to acquire a well-located HMO with significant value uplift potential
  • Please note: The property requires a complete refurbishment and is being sold as seen
  • Potential to convert to all en-suite rooms (a couple of studio style rooms)

Description

This 6-bedroom, 2-bathroom licensed HMO in Doncaster city centre is a fantastic investment opportunity for those looking to add value through refurbishment and reconfiguration. The property, located just a short walk from the city centre and transport links, offers a rare chance to acquire a well-located HMO with significant value uplift potential. With a current layout that allows for potential conversion to all en-suite rooms, the property has clear scope for increasing both rental income and long-term value. The property requires a complete refurbishment, but its prime location and high rental demand area make it an attractive proposition for investors. With potential rent rolls of up to £42,120 per annum, this property presents a strong opportunity for those looking to capitalize on the growing demand for HMOs in the area.