PRICE DROP – Brand new 5 bed HMO only £158,000
BRAND NEW HMO – Immaculate 5 bed, 2 bathroom HMO
Location – Doncaster
Price – £158,000
Key Investment Facts
- 5 Bedroom, 2 bathroom HMO property near Doncaster town centre
- Built over 4 floors with separate communal lounge area
- Fully licensed and compliant with all necessary regulations
- £22,100 per annum rental income
- Up to £1,049pcm net monthly cash flow after all bills and deductions
- Up to 31.9% net return on investment per annum
- Fully furnished with white goods included
- Fully managed by local agent
Superb HMO conversion offered fully furnished with brand new white goods, fixtures and fittings. Roughly half a mile from the town centre in an established residential area. Generating an estimated £1,049 pcm after all deductions including mortgage costs, management fee and bills.
Purchase Price: £158,000
Rental Income: £22,100 per annum
Return on Investment: 31.9%
We have worked with this developer on 6 other projects and can provide several examples of their work and previous success.
Doncaster is a great location for HMO investment due to the influx of new distribution centre employees to the area in recent years. Amazon’s new £100m investment into the city is a great example of how the iPort scheme has benefitted the city.
This HMO is in an excellent location near the town centre and hospital and will be marketed towards working professional tenants.
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Please Note: Property values can decrease as well as increase. No express or implied income claims are made herein. Historic performance should not be taken as a guarantee of future performance. Leveraged property investment with mortgage finance can increase the risk of losing money as well as increasing the possible gains.
Sherwood Estate Agency Ltd uses all reasonable efforts to ensure that the property information published on the website and in the investment packs and elsewhere are accurate, current and complete at the date of publication; no warranties or representations are made or implied as to the accuracy of such information.