Under Offer

Royston Avenue, Bentley, Doncaster

Offers In Excess Of

£160,000

Description

  • Type: 2 x Apartments & 1 x Commercial Unit
  • Bedrooms: 2
  • Bathrooms: 3
  • Reception Rooms: 2
  • 2 x 1 bedroom Flats & 1 x Commercial Unit
  • All Units fully tenanted
  • 'Turn Key' Investment opportunity with immediate rental income
  • Combined monthly rental income of £1,450pcm
  • No Chain
  • Fantastic ROI of 16.4% with potential to increase
  • EPC Rating D
  • Buyer's Premium Applies*

*INVESTORS ONLY*

We are pleased to bring to the market this extremely attractive investment opportunity situated in Bentley, Doncaster which comprises of 2 x one bedroom flats and a ground floor commercial unit which is currently utilised as a gentleman's hair salon. currently generating an annual rental income of £17,400 per annum.

The property is situated in a great location just off the high street in Bentley with local amenities on your doorstep and in close proximity to the A1, M18 and all other motorway links.

All 3 units are have separate access arrangements with the commercial unit (currently operating as a gentleman's hair salon) situated at the front of the property on the ground floor, a ground floor one bedroom flat situated to the rear of the ground floor with another 1 bedroom flat situated on the first floor of the property.

The building benefits from a recent conversion and as such the apartments are in a good cosmetic condition and the building is sold with full occupancy of all 3 units.

Breakdown of rental income below:

1 Royston Avenue (Hair Salon) £400pcm

1a Royston Avenue (First Floor one bedroom flat) £525pcm

1b Royston Avenue (Ground Floor one bedroom flat) £525pcm**

Total Rental Income: £1,450pcm

**Secure contract with guaranteed rental income through a local housing association

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property, £995 + VAT of which 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.

Location

Floorplans

EPC Graph