Grade II Listed
City Centre, Doncaster
Luxury Residential Development in the Heart of the Town
Key Investment Features:
Prices from £83,500
8.5% Rental Returns
Fully managed option
Town centre location
Completion Q1 2019
Mortgages available (subject to status)
"A Stunning Conversion and Renovation of an Iconic Landmark located in the heart of the town"
This development is a Grade II listed building designed in the Art Deco style, standing as one of Britain's most exciting investment opportunities.
The stunning building is situated in the centre of town, which is in the midst of a £300m urban regeneration programme that should set property prices and rental demand soaring. Better yet, the town as a whole is benefiting from a £28 billion economic growth plan that aims to create 70,000 new jobs in the area. Many of these will be higher-paying technical and professional roles, so prospects for rentals could not look better.
Built in the 1930s, this landmark building is set in the heart of Doncaster. Located opposite the bustling Frenchgate Shopping Centre it occupies a prime position at the junction between Duke
Street and St Sepulchre Gate.
Now the subject of a major redevelopment by Empire Property Concepts, this historic Grade II listed building is undergoing a
On the first to the fourth floors, the developer is creating 78 top
quality apartments, comprising a mix of 1, 2 and 3 bedroom properties. Work is expected to finish in the first quarter of 2019.
Doncaster Property Market
Doncaster offers investors an attractive combination: low investment costs and high yields, coupled with the prospect of fast-rising demand and excellent capital appreciation. 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.
In the wake of recent announcements about the Government's Northern Powerhouse initiative, Doncaster is attracting serious interest from property investment professionals. Prices are affordable, rental demand is buoyant and, with advent of major infrastructure spending, the prospects for capital appreciation are excellent
As a result, demand for property is growing and the town could soon be seeing average values rising at similar rates to those in Manchester. For the time being, however, Doncaster's prices remain extremely low, so for those who invest early, rental yields are likely to be substantially stronger.
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 our Doncaster Investment Guide