Investment Properties for sale in Doncaster

View the "Doncaster City Centre – Heavily Discounted Apartments" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Doncaster City Centre – Heavily Discounted Apartments

Doncaster, South Yorkshire, England

  • Price: £90,000
Seller Reference: Solo01
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Business Description
 
 
 
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Seller Reference: Solo01
Request Details
Business Description
Cash Sale – 20% below open market rate
From just £90,000

Fully tenanted Doncaster Apartments
One and Two Bedroom Apartments
Option of Assured Rental Yield 8% for 5 Years
Cash Only

Released for the first time onto the market are a small allocation of stunning Art Deco apartments within an iconic Doncaster building. Some buyers have been unable to proceed with their purchase due to the Covid 19 situation and so have been released to Cash Only buyers at greatly reduced prices. Capitalising on rising rental demand – the result of intensive local and foreign investment – Doncaster is one of the leading northern towns. The conversion of this iconic city centre building was welcomed by the Mayor of Doncaster who formally opened the building. The Art Deco frontage and features were maintained and modern, open plan apartments have been sympathetically incorporated into the building. As it’s fully tenanted there is the opportunity to earn a yield immediately.

The Apartments
Built in the 1930s the building was an iconic department store and office space for many years and is perfectly situated in the heart of this thriving town. Located opposite the bustling Frenchgate Shopping Centre it occupies a prime position at the junction between Duke Street and St Sepulchre Gate. Opened by Ros Jones, the Mayor of Doncaster, in 2019 she commented ‘It’s great to see the vibrant place coming to life again……I’m proud to help celebrate what a great borough we live in’.

The Deal
All apartments are available at greatly reduced prices, starting from just £70,000. These are cash only purchases and investors are able to take advantage of a ‘hands-free’ option of receiving an assured rental yield of 8% for 5 years from the dedicated management company.

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