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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 property presents an excellent investment opportunity in Armthorpe, Doncaster, with a tenant already in situ and an anticipated 8% NET return at market rate rent. The second-floor apartment features two bedrooms, a master with ensuite, lounge with balcony access, fully-fitted kitchen, and bathroom with three-piece suite and shower over bath. Additionally, an allocated parking space is included. The area is undergoing a significant regeneration project, with £18.6 million of investment set to transform the city centre, which will increase the quality of life for residents and boost the local economy, making it an attractive location for rental properties. With a gross rent of £6,600 and a net income of £5,067.88, this property offers a gross yield of 6.95% and a net yield of 5.33%.