3 bedroom block of apartments for sale

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3 bedroom block of apartments for sale

St. Sepulchre Gate West, Doncaster, DN1
£180,000

Our Summary

  • Additionally, the property offers the potential to develop a one-bedroom and a two-bedroom flat above, subject to planning consent
  • Potential for 1 x 1 bed and 1 x 2 bed flat above subject to planning consent

Description

This commercial property on St. Sepulchre Gate West in Doncaster City Centre offers a unique investment opportunity. The ground floor is currently fully let, generating a steady £500pcm rental income. Additionally, the property has the potential to develop two flats above, subject to planning consent, which could yield an estimated combined rental income of £2050pcm, resulting in a projected ROI of 12.6%. The property's central location ensures easy access to local amenities and public transport, making it an attractive option for tenants. With no onward chain and a rare high-yield investment opportunity at an affordable price point, this property is an attractive option for investors looking to expand their portfolio.