5 bedroom semi-detached house for sale

Westmorland Street, Doncaster, Doncaster, DN4 9AQ

  • Bedrooms: 5
  • Bathrooms: 5

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Summary

HMO INVESTMENT PROPERTY to the market with 10.92% Net Yield (if bought in cash) and over 21% if mortgaged! NET INCOME of £bed, newly renovated property would be bought with management through a well established Lettings company already in place

Description

Investment Property for Sale, From a developer with huge experience of multi-let property development and subsequent service.
Very high yielding with full property management included so there is minimal work for new owner.
This property has finished refurbishment and is now generating income.
With 5 Bedrooms including en-suites to all, conservatory lounge and fully fitted new kitchen.
Perfectly situated in a popular residential area of Doncaster, close to railway connections and numerous motorways. Local amenities and shops close by. This is a semi detached house which is 5 bedroom multi let house where rents are £100 + / room / week on average.
Gross monthly income : £2,Annually)
Net monthly Income : £1,Annually) after all bills and management fee.
Net Yield if Bought in cash : 10.92% PA
Investor NET Yield if Remortgaged : over 21%
Net Yield based on 64% LTV mortgage : well over 21% dependent on clients Mortgage percentage.
The selling developer has 20 years plus + development experience, and owns a lettings company which has for a number of years specialized in multi-let rentals only.
The above agency is for the sole use of our clients who buy our exclusive deals from us and this agency is currently operating at more than 90% occupancy.
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.
We look forward to being of service to you.

Disclaimer

Property advert Ref 4242705 - Is a property advert for marketing purposes only, the information has been supplied by the owner, estate agent or property portal and The House Shop makes no warranty as to the accuracy or completeness of the information. Furthermore we have no control over the adverts content. This property advertisement does not constitute property particulars. Please contact the advertiser to obtain any information regarding The Energy Performance Certificate regarding homes in England and Wales or Home Report for residential property in Scotland.

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