Initial price	£850,000
01/11/24	£795,000
Price Change	-6.47%

This investment property is a newly converted two-storey residential block of 7 x 1-bed supported living apartments (Class C3) in Doncaster, Yorkshire. The property benefits from 4 car parking spaces, bike storage, managers offices, and a large outdoor communal area. The apartments are fully let to Inicio Group Ltd for 15 years at a current rent of £63,700 per annum, with a fixed rental uplift of 1.5% annually. The property is situated within 1.1 miles of Doncaster Train Station and Town Centre, with nearby retail occupiers including Fish n Chips, Convenience Store, Pharmacy, and others. The property offers a gross initial yield of 8.01% and is a stable investment opportunity with no breaks in the lease.