>
2 bedroom apartment for sale
Harris Road, Armthorpe, Doncaster, DN3 2FE
£95,000
Harris Road, Armthorpe, Doncaster, DN3 2FE
£95,000
Price History
Initial price | £98,000 |
05/11/24 | £95,000 |
Price Change | -3.06% |
Description
This is an excellent investment opportunity for investors in Armthorpe, Doncaster, with a tenant already in situ and an anticipated 8% NET return at market rate rent. The property, located on the second floor, features two bedrooms, a master with ensuite, lounge with balcony access, fully-fitted kitchen, and bathroom with three-piece suite and shower over bath. The development is situated in an area that is set to undergo significant regeneration, with £18.6 million of investment planned to transform the city centre, including a waterfront park and event space, new marina, and improved public areas. This is expected to increase the quality of life for residents and demand for rental properties like this one. The financial breakdown shows a gross rent of £6,600, net income of £5,067.88, and a gross yield of 6.95% and net yield of 5.33%.