Key Investment Features:
Prices from £75,000
10% Rental Returns
Immediate Rental Income
Fully managed option
Town centre location
Construction Now Complete
This development is an exciting new office-to-residential property conversion on Princes Street in Doncaster. It occupies a wonderfully convenient location in the bustling town centre. The development comprises of 51 highly desirable, single-bedroom properties with a strong appeal to discerning professional tenants.
The subject of a multi-million pound redevelopment by Empire Property Concepts, the property was originally built in the 1970s but a comprehensive refit will see the creation of attractive, modern apartments with a high specification and an energy efficient design. Tenants will appreciate its central location and its proximity to all of Doncaster’s principal amenities.
Investors, on the other hand, will recognise its outstanding appeal as a financial vehicle. Now being offered at very attractive pre-market rates, its apartments will occupy an area of exceptional rental demand. With a huge amount of regeneration work taking place locally, they also offer a real chance to benefit from substantial capital appreciation.
The apartments can be reserved for just 5% of their agreed value, followed by a deposit of 25% on exchange of contracts. High tenant demand will ensure a 10% rental yield.
Why Invest in Doncaster?
Doncaster offers investors an attractive combination: low investment costs and high yields, coupled with the prospect of fast-rising demand and excellent capital appreciation. The town has proven to be one of the UK property hotspots of 2018. Massive investment in a town of only 110,000 residents is sure to have a transformative effect on the local property market, so there are excellent grounds for optimism.
This time last year, Home.co.uk recorded 14.4% year-on-year rental growth in Yorkshire, and further growth is forecast for 2019.
YIELDS: Yorkshire has shown the largest rent hike in the country over the last 12 months. Rents have shot up by 14.4 per cent, according to Home.co.uk, who say that the rise will be "irresistibly attractive" to buy-to-let investors.
Download a copy of Doncaster's "Masterplan", an informative piece giving an insight in to the direction the town is heading and the huge scope for growth that exists.
Download a copy of our Doncaster Investment Guide