A brand-new investment property to the market with 11.49% Net Yield (if bought in cash) and 19.58% if mortgaged! Net income of £2,295. This 5-bed, newly renovated property would be bought with management through a well-established Lettings company already in place.
Investment Property for Sale
From a developer with huge experience of multi-let property development and subsequent service.
Very high yielding with full property management included, so there is minimal work for a new owner.
5 Bedrooms including en-suites to all with conservatory lounge and fully fitted new kitchen.
Perfectly situated in a popular residential area of Doncaster, close to the Town Centre, railway connections and numerous motorways. Local amenities and shops close by. This is a semi-detached house which is being converted into a 4 x en-suite bedroom multi-let house where rents are £100 + /room/week on average.
* Gross monthly income: £2,795 (£33,540 Annually)
* Net monthly Income: £2,295 (£27.540 Annually) after all bills and management fee.
* Net Yield if Bought in cash: 11.49% pa
* Investor net Yield if Remortgaged: 19.58%.
* Net Yield based on 62.64% ltv mortgage.
The selling developer has 26 years plus + development experience and owns a lettings company which has for a number of years specialised in multi-let rentals only.
The above agency is for the sole use of our clients who buy our exclusive deals from us. This agency is currently operating at more than 90% occupancy.
We have a loyal following of excellent investors who would be happy to talk to you about how well we would take care of you. We are extremely confident of them giving us a glowing report.
We look forward to being of service to you.
Bespoke Lettings Office.