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HMO

151 Carr House Road, Doncaster, DN1 2BD

WHY INVEST IN THIS PROPERTY

  • FANTASTIC INVESTMENT OPPORTUNITY - A HMO investment property, (with licence), offering excellent returns; recently refurbished, the property provides comfortable, well presented accommodation, briefly comprising: entrance hall, communal kitchen and two ground floor ensuite bedrooms. To the first floor, there are three further ensuite bedrooms. Outside, there are enclosed gardens to the front and rear.
  • ​Doncaster train station offers quick and easy links to major cities (London, York, Leeds, Manchester and more) which typically have much higher housing prices. The 15 minute walk to this station paired with quick access to the A1(M) and M18 Motorways make the property a Commuters dream.
  • ​​The renowned Doncaster Royal Infirmary employs more than 6,000 staff and is just a short drive away. Nurses and hospital workers are popular tenants for HMO's.
  • ​​Doncaster has an exceptional market for HMO’s. There is a wide array of major warehouse and distribution centres in the town for leading companies such as Amazon, Ikea, Next, ASOS, Lidl and more, each employing thousands of people!

THE NUMBERS

  • Purchase Price: £185,000
  • ​Deposit: £46,250
  • ​Legals& Stamp Duty: £7,400
  • ​Refurb Approx: £0
  • ​Sourcing Fee: £5,000 + vat
  • ​Achievable Rent: £1840 pcm
  • ​Achievable Rent Per Year: £22,080
  • ​ROI: 25.6%

NOTE:* Complete within 12 weeks* 2,000 legal fees + disbursements (up to £100) to be covered by the buyer if completion is more than 12 weeks or after withdrawal from purchase

*For further information, please contact 07803 410 237
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