1 Bedroom Block Of Apartments Sold in Doncaster, DN12
Edlington Lane, Edlington, Doncaster, DN12 1BU
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***INVESTMENT*** Two apartments with existing tenants earning a rental income of £7,440 p.a. Forms part of a retail and residential development on Edlington Lane
This is an investment opportunity for an existing landlord or someone looking to make a start in property investment.
On offer are TWO apartments forming part of York Buildings, which is a purpose built development with retail units on the ground floor and apartments on the first floor. These apartments are both located over Bullseye car accessories shop.
The sale price is for both. One is a 2 bedroom apartment with large kitchen/diner, a large lounge and a bathroom. The other is a one bedroom apartment with a lounge, separate kitchen and bathroom.
They are both currently let to tenants on Assured Shorthold Tenancies and both are paying £310.00 per calendar month.
The apartments are well situated within a minute’s walk of a host of local shops and a good bus service to Doncaster and the local area. In addition, there is easy access to the A1(M). As such these apartments are always in demand from potential tenants.
The management of tenants is currently carried out by a local management agency and the external maintenance is carried out by a management company. This means that the owner does not necessarily need to live locally.
The properties are lease hold being 200 years from 28/05/98 at a peppercorn rent.
If you are interested in making further enquiries regarding this investment please do not hesitate to make contact.