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Cumberland Court
Wheatley, Doncaster, DN2

£1,500,000
Yield: 6%
Market Rent: £90,000pcm
12
Call Us 01302767000

Features

  • INVESTMENT OPPORTUNITY
  • HIGH SPECS THROUGHOUT
  • FULLY TENANTED
  • GROSS ANNUAL RENT OF 90K
  • 10 X 2 BED APARTMENTS
  • 2 X 1 BED APARTMENTS
  • PRIVATE PARKING INC VISITOR SPACES
  • HIGHLY DESIRABLE AREA
  • INSTANT INCOME GENERATING
  • INDIVIDUAL METERS, NO GAS

Description

Tenure: Freehold

FULLY TENANTED, HIGH SPECIFCATION, IMMEDIATELY GENERATING INCOME INVESTMENT APARTMENT BLOCK CONSISTING OF 10 X 2 BED APTS (3 LAYOUT STYLES AND SOME WITH 2ND BED EN-SUITES) AND 2 X 1 BED APTS ACROSS TWO BLOCKS WITH GATED ENTRANCE AND PRIVATE PARKING.

THREE OF THE GROUND FLOOR APRTMENTS BENEFIT FROM THEIR OWN PRIVATE ENTRANCE AND OUTDOOR COURTYARD TERRACE.

WORKING PROFESSIONAL TENANTS, NO ARREARS, NO VOIDS, CLOSE TO DONCASTER HOSPITAL AND TOWN CENTRE, THIS PROPERTY IS BEING SOLD BY A PORTFOLIO LANDLORD AS ONE FREEHOLD BLOCK.

BUILT ONLY 5 YEARS AGO IT STILL HAS 5 YEARS REMAINING ON ITS NHBC NEW BUILD WARRANTY. ALL UNITS HAVE THEIR OWN ELECTRIC AND WATER METERS.

POTENTIAL TO ADD EVEN MORE VALUE WITH RENT REVIEWS AND SPLITTING OF TITLES FOR FURTHER CAPITAL APPRECIATION UPLIFT.

VIEWING ESSENTIAL TO APPRECIATE THE QUALITY OF THIS INVESTMENT. 

 

EPC rating: B. Council tax band: X, Tenure: Freehold,

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