4 bedroom block of apartments for sale

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4 bedroom block of apartments for sale

St. Sepulchre Gate West, Doncaster, DN1
£165,000

Our Summary

  • The ground floor unit presents an opportunity to be transformed into a one-bedroom flat, subject to planning consent
  • Above, a three-bedroom flat awaits renovation, providing additional value potential for the savvy investor
  • 3 bedroom flat to upper floor in need of renovation
  • Potential to be converted into 1 bedroom flat subject to planning consent

Description

This vacant commercial property on St. Sepulchre Gate West in Doncaster's city centre offers a unique opportunity for renovation and potential rental income. The ground floor unit can be converted into a one-bedroom flat, subject to planning consent, while the three-bedroom flat above awaits renovation, providing additional value potential. With a strong projected return on investment of 10.3%, this property is an attractive proposition for investors looking to enter the market or expand their portfolio. The combined rental income is estimated at £1700 per month, making it a solid income stream post-renovation. The property's location in the heart of Doncaster, with its array of amenities and transport links, enhances its appeal for future tenants or businesses, making it an ideal project for investors seeking to capitalize on the city's growth and development.