Birch Avenue, Doncaster, South Yorkshire, DN6
By Bespoke Lettings Ltd
£ 227,705
Bespoke Lettings Ltd says ..
A BRAND-NEW INVESTMENT property to the market with 9.20% Net Yield (if bought in cash) and 13.17% if mortgaged! NET INCOME of £1,746. This 5-bed, newly renovated property would be bought with management through a well-established Lettings company already in place. <br /> <br />Investment Property for Sale <br /> <br />From a developer with huge experience of multi-let property development and subsequent service. <br /> <br />Very high yielding with full property management included, so there is minimal work for a new owner. <br /> <br />5 Bedrooms including en-suites to all with conservatory lounge and fully fitted new kitchen. <br /> <br />Perfectly situated in a popular residential area of Doncaster, close to the railway connections, and numerous motorways. Local amenities and shops close by. This is a semi-detached house which is being converted into a 5 x en-suite bedroom multi-let house where rents are £100 + /room/week on average. <br /> <br />* Gross monthly income: £2.296 (£27,560 Annually) <br />* Net monthly Income: £1,746 (£20,952 Annually) after all bills and management fees. <br />* Net Yield if Bought in cash: 9.20% PA <br />* Investor NET Yield if Remortgaged: 13.17%. <br />* Net Yield based on 63.42% LTV mortgage. <br /> <br />The selling developer has 26 years plus + development experience and owns a lettings company which has for several years specialised in multi-let rentals only. <br /> <br />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. <br /> <br />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. <br /> <br />We look forward to being of service to you. <br /> <br />Bespoke Lettings Office.
- Bedrooms
- 5
- Bathrooms
- 5
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Metrics Year-on-Year
- Average area value
- 464,990.00 £Increased by 12.84 %
- Average area rental value
- 1,081.00 £/moDecreased by 23.22 %
- Est rental Yield
- 2.79 %Decreased by 31.95 %
- Crime Rate
- 27.00 %Unchanged by 0.00 %
Agent Activity
Bespoke Lettings Ltd created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Owston Park Primary Academy | Academy Converter | 1.06 KM | |
| Carcroft Primary School | Academy Converter | 1.76 KM | |
| The Ridge Employability College | Special Post 16 Institution | Good | 1.97 KM |
| North Ridge Community School | Academy Special Converter | 2.08 KM | |
| Outwood Academy Adwick | Academy Sponsor Led | Requires improvement | 2.33 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Hawthorne Crescent | £ 0 | 0 | 0.00 KM |
| Windermere Close | £ 395,000 | 0 | 0.00 KM |
| Willington Road | £ 120,000 | 0 | 0.00 KM |
| Old Hall Road | £ 325,000 | 0 | 0.00 KM |
| George Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Adwick | 8353 | AWK | 2.35 KM |
| Bentley (South Yorkshire) | 8352 | BYK | 6.88 KM |
| Doncaster | 6417 | DON | 9.50 KM |
| South Elmsall | 8355 | SES | 9.93 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Birch Avenue, Skellow, Doncaster | £ 160,000 | BUY | 7 / 10 | 0.00 KM |
| Briar Road, Skellow, Doncaster, DN6 | £ 105,000 | BUY | 4 / 10 | 0.12 KM |
| Burgh House, Ings Lane | £ 65,000 | BUY | 6 / 10 | 0.15 KM |
| Laurel Terrace, Skellow | £ 150,000 | BUY | Unknown | 0.16 KM |
| Skellow Road, Skellow, Doncaster | £ 200,000 | BUY | Unknown | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 11 Birch Avenue | £ 108,000 | 0.00 KM |
| 26 Birch Avenue | £ 98,500 | 0.00 KM |
| 27 Birch Avenue | £ 97,000 | 0.02 KM |
| 64 Birch Avenue | £ 104,000 | 0.02 KM |
| 60 Birch Avenue | £ 98,000 | 0.02 KM |