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Somerset Road
Hyde Park, Doncaster, DN1

£375,000 OIRO
Yield:17%
Market Rent:£5,243
1151
Call Us 01302 767000
Features

Features

  • Potential ROI of 50%!
  • 11 bed licensed HMO!
  • City Centre location
  • Potential gross annual income of £62,916
  • Great investment opportunity
  • EPC: D
  • Council Tax Band: A
Description

Description

Tenure: Freehold

Look no further, this fantastic investment opportunity has the potential of a 50% gross ROI! This property is a licenced 11bedroom HMO, but is currently configured as a 9bedroom, with community room, two kitchens, 2 communal bathrooms & 3 ensuites. 

This property comes with a long term company tenant that is responsible for maintenance & general upkeep, bills(including council tax) and maintaining the property occupancy rate. This agreement is currently generating £2600pcm NET income for the current landlord.

Please call on 01302 767000 for more information on the current tenancy and this fantastic opportunity. 

** 50% gross ROI, based on the assumption of 11rooms at £110per week, per room and 100% occupancy rate **

EPC rating: D. Council tax band: A, Tenure: Freehold,

Ground Floor

Kitchen

4.70m x 3.10m (15'5" x 10'2")

Community Sitting Room

6.30m x 5.50m (20'8" x 18'1")

Room One

3.50m x 3.80m (11'6" x 12'6")

Room Two

4.60m x 3.60m (15'1" x 11'10")

Ensuite

1.00m x 2.20m (3'3" x 7'3")

Bathroom

2.80m x 2.80m (9'2" x 9'2")

First Floor

Kitchen

3.50m x 2.50m (11'6" x 8'2")

Room Three

3.00m x 3.60m (9'10" x 11'10")

Room Four

3.90m x 3.30m (12'10" x 10'10")

Room Five

4.70m x 3.00m (15'5" x 9'10")

Room Six

4.80m x 2.80m (15'9" x 9'2")

Room Seven

2.80m x 3.90m (9'2" x 12'10")

Bathroom

1.50m x 2.70m (4'11" x 8'10")

Second Floor

Room Eight

2.80m x 4.00m (9'2" x 13'1")

Ensuite

0.90m x 2.30m (2'11" x 7'7")

Room Nine

3.10m x 4.40m (10'2" x 14'5")

Ensuite

2.30m x 0.70m (7'7" x 2'4")

Disclaimer

Disclaimer These details are intended to give a fair description only and their accuracy cannot be guaranteed nor are any floor plans (if included) exactly to scale. These details do not constitute part of any offer or contract and are not to be relied upon as statements of representation or fact. Intended purchasers are advised to recheck all measurements before committing to any expense and to verify the legal title of the property from their legal representative. Any contents shown in the images contained within these particulars will not be included in the sale unless otherwise stated or following individual negotiations with the vendor. Northwood have not tested any apparatus, equipment, fixtures or services so cannot confirm that they are in working order and the property is sold on this basis.

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Should you wish to make an offer on this property we will complete mandatory Anti Money Laundering (AML) checks on behalf of HMRC. We outsource this process to our partners, Coadjute. Coadjute charge a fee for this service.

Documents

Documents

Floorplan
Download

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