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House For Sale £90,000
Burns Villas, East Lane, Stainforth, Doncaster, South Yorkshire DN7


Description
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! This excellent three bedroom mid terrace is just 17 minutes from Doncaster town centre, enquire today to avoid disappointment.

This wonderful three bedroom mid terrace comprises of; entrance hallway leading to a spacious lounge with double glazed window to the front; fully fitted kitchen with all appliances included; staircase leading to three double bedrooms; three piece family bathroom with shower over bath. The property comes with a front and rear garden, as well as parking and a garage to the rear.

Being just a 17 minute journey to Doncaster makes Burns Villas the ideal location for investment. Wider plans for a massive regeneration project in Doncaster have been unveiled, which now includes a distribution centre creating 1,000 jobs. Unity, which is located at Junction 5 of the M18 at Hatfield, aims to deliver over two million sqft of employment space, 3,100 new homes, a new marina, school, transport hub and a range of open spaces.

Waystone Hargreaves Land llp has exchanged contracts with a national retailer to build an 800,000 sqft regional distribution centre and training facility at the 250-hectare (618-acre), award winning, mixed-use scheme. The new facility will be located on Unity’s Connect zone and is expected to create over 1,000 new jobs as part of the occupiers acquisition programme, which already includes similar large-scale distribution centres in the UK, making Grace Road the ideal place to invest.

Financial Breakdown

Gross rent: £5,700
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £5,700
Gross yield: 6.33%
Net yield: 6.33%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-16101

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