5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Scot Lane, Doncaster, DN1
£420,000

Our Summary

  • The vibrant environment contributes to the property's strong occupancy rates and potential for continued growth
  • This investment opportunity comes with no onward chain, allowing for a smooth acquisition process

Description

This mixed-use property on Scot Lane in Doncaster City Centre offers a prime location with high demand from both commercial and residential tenants. The property features a commercial unit currently generating £950 per month in rent, alongside four studio apartments and one one-bedroom flat, which, when fully occupied, would bring in a combined £3,875 per month. The central location provides excellent transport links and access to amenities, contributing to strong occupancy rates and potential for continued growth. With no onward chain and a projected return on investment of 16.2%, this property presents a substantial financial opportunity for investors.