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5 bedroom end of terrace house for sale
Broxholme Lane, Doncaster, DN1
£180,000
Broxholme Lane, Doncaster, DN1
£180,000
Our Summary
- This property on Broxholme Lane presents a unique investment opportunity as a licensed HMO with five bedrooms
- Currently generating a rental income of £1840pcm, the property offers potential for significant income growth
- The proximity to local landmarks and facilities adds further value to this investment opportunity
- Potential to increase rental income significantly
Description
This five-bedroom licensed HMO on Broxholme Lane offers a unique investment opportunity, currently generating a rental income of £1840pcm and with potential for significant income growth. The property features an en-suite attic bedroom, two shared kitchens, and additional shared bathroom facilities, making it well-suited to tenants seeking convenience and accessibility. Its prime location near Doncaster City Centre, with its various amenities and transport links, enhances the property's appeal to renters. With a projected return on investment of 11.2%, this property is a compelling choice for those seeking high yields. With a buyer's premium of 1% + VAT applying, investors are advised to act quickly to secure this property in a sought-after area with excellent income potential.