5 Bed Flat For Sale Balby Road, Doncaster, DN4

£265,000- Flat

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Last Updated: 19th March 2024

Description

Located on Balby Road DONCASTER this block of 4 flats needs to be seen.
4 self contained flats generating a gross rental of £27660.
Close to CITY CENTRE, excellent occupancy rates.
The landlord is responsible for Gas, water and electric bills. There is the ability to meter the electric separately

Flat 1 - £550 pcm
1 bedroom , bathroom and kitchen

Flat 2 - £541.67 pcm
1 Bedroom , bathroom and kitchen

Flat 3 - £563.33 pcm
1 bedroom, bathroom and kitchen

Flat 4 - £650 pcm
2 bedroom duplex, bathroom and kitchen

Gross rents : £27660
Gross Yield 10.4%
allowing 20% for utilities £22128
Net Yield 8.4%


Council Tax Band: A (Doncaster MBC)
Tenure: Freehold
Agent Details
Kembles Estates
24 Nether Hall Road Doncaster DN1 2PW

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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