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£285,000
St, Helens Rd Apartments, St. Helens Road, Doncaster, South Yorkshire, DN4
- 0 beds
£285,000
- 0 beds
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Estimate monthly mortgage payment:
£1,301 per month
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
£14,250
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RESIDENTIAL INVESTMENT - FOR SALE - FREEHOLD - REVERSIONARY - 9%
Great opportunity to purchase the freehold of a block of 4 flats in the Bell Vue area of Doncaster on St Helens Road (a highly sought after rental area).
Currently 3 of the flats are tenanted with one remaining vacant and openly marketed available for ?850pcm. The overall current income for the block stands at ?26,100 per annum (?36,300 per annum when fully let). The rents are an all inclusive basis (not including council tax) with last years annual cost being ?14,853 per annum.
There is scope on the investment to increase the rental levels. The asking price shows a yield of 7.5% on passing rents with a potential return of around 9.1% on the reversionary yields when fully let.
Unbroken Freehold
Sought after rental location
Well maintained building
Close to local amenities
Unbroken Freehold
Sought after rental location
Well maintained building
Close to local amenities
Mortgage calculator
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£1,301 per month
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Stamp Duty tax
These figures are estimates and are provided for guidance only
Stamp Duty Land Tax (SDLT) is a tax you might have to pay if you purchase a property or land. SDLT applies to properties above a certain price threshold. The amount you'll have to pay depends on the property's value and if you already own a property, or have done so in the past. If you are a first-time buyer, or you are purchasing multiple dwellings, you may be eligible for a discount (tax relief).
£0
Mortgage and legal costs:
£999
HomeBuyer Service - Everything you need to purchase this property all in one place
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
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