Each bright and modern apartments is well finished and comprises of open plan reception room and kitchen with integrated oven, hob & extractor, master double bedroom, a second single bedroom and a modern tiled bathroom with a shower over the bath. Flooring is included throughout and each apartment benefits from allocated parking.
The development, which has a 125-year lease which started in 2011 and 2 years left on its NHBC warranty, is conveniently located close to local amenities and schools, the A1 road and railway station, with fast connections into Leeds (35 minutes), Sheffield (21 minutes) and London King’s Cross (1hr 36).
Doncaster sits at the heart of a vast metropolitan area and is home to iPort, a major UK intermodal logistics park which when fully complete next year will offer 6 million sqft of warehouse space, situated next to the M18 and with its own rail freight junction. This has resulted in over 5000 new jobs being created, with major companies such as Amazon and Lidl already taking up huge units in the park. Other employers in the area include BMW, IKEA and Next – each with a major distribution centre just a short drive away.
As well as a host of local amenities on the doorstep, the development is just 2 miles from Doncaster town centre, with buses every 4 minutes, 2 miles from The Dome concert arena, and 2.5 miles from Lakeside Village shopping outlet, with 45 famous name stores.
With tenants already in place, this is an outstanding simple and secure investment opportunity that will generate income from day one. With a limited number available we expect a lot of interest from investors. Don’t miss out and contact us today for more details.
|Rental Income||£6,300 pa|
|Mortgage rate & LTV||1.99%* @ 75% LTV|
|Mortgage Costs||£94 pcm|
|Service Charge & Ground Rent||£1,202 pa|
|Return on Investment||17.5%|
|.||*Illustrative rate. Subject to lender's criteria & satisfactory survey.|
Risk Warning and Disclaimer:
The price of property can go down as well as up. Historic performance should not be taken as a guarantee of future performance. Geared property investment with mortgages can increase risk of losing money as well as increasing the possible gains. Mortgage products referred to in the website can be withdrawn by the lender or have rates or other terms changed without notice and reference to any products does not imply they are certain to be available in the future. Mortgages referred to may also have certain applicant restrictions and are for indicative purposes only although reasonable endeavours have been used to ensure that they are available at the time of publication and are applicable to a significant number of our purchasers. This site is for information purposes only and nothing on this site should be taken as definitive investment advice for your particular situation without you seeking additional guidance directly from ourselves or from other finance and property professionals. Property particulars on this site do not form part of an offer or contract. The developer and Assetz Property Ltd, whilst endeavouring to ensure complete accuracy in these property particulars, cannot accept liability for any errors. Valuations of property or indicated rents achievable are either estimated or derived from valuations and/or comparables and can change and should not be relied upon without your own additional valuation and research, but we have carried out reasonable endeavours to achieve accurate indications for these figures. All descriptions, dimensions, areas, reference to condition and, if necessary, permissions for use and occupation and their details, are given in good faith as provided by the developer and are believed to be correct. However, these are subject to change, especially, but not wholly, relating to any property that is off-plan or not yet complete. Any intending purchaser should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to their accuracy. The onus is on each individual investor to undertake their own due diligence, enquiries and inspections. Where shown, net yields are calculated as rental income less expected service charges less expected ground rent as a percentage of the property price. No void periods, optional letting agent costs, repairs or other costs are deducted. Our standard Terms and Conditions of Sale will apply. E. & O. E.