available
£259,995
This newly developed HMO on Marshland Road in Moorend, DN8 offers a unique investment opportunity with a fully licensed and operational HMO in addition to a ground floor commercial unit. The property includes five bedrooms, each with its own en-suite bathroom, ensuring privacy and convenience for tenants. Additionally, two communal kitchens provide ample space for shared living arrangements. The ground floor commercial unit is currently leased at £400 per month, contributing to the property's appealing rental income potential.
With all units fully occupied, the property generates a combined maximum rental income of £34,000 per annum, presenting a remarkable return on investment of over 16%. The property's location is a key selling point, being close to local shops, parks, and amenities, making it an attractive option for tenants. The internal refurbishment has been completed to a very high standard, ensuring modern and comfortable living spaces throughout.
Moorend offers a vibrant community with excellent transport links and amenities. The area is known for its shops, green spaces, and cultural attractions, providing a desirable living environment for residents. This property is ideally positioned to benefit from the area's continued growth and demand for quality rental accommodation.
This opportunity won't last long. Interested buyers should act quickly to take advantage of this high-standard investment opportunity in Doncaster.
*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property. 25% of the total fee (a minimum of £995 + VAT) must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page on our website for more information.
