Iconic Buy-to-Let in the heart of Doncaster Doncaster, South Yorkshire, England, United Kingdom 1 Bed Flat £90,000 | €101,215 | $110,962 Request a Currency Exchange Quote Here

Danum House is an iconic building in the heart of Doncaster, the town with the fastest rising rents in the UK. A former department store converted into luxury apartments, it offers 8.5% p.a. assured gross yield for 5 years.

11 Images
Map
Video
Property Attributes

Amenities & Services

Fully Managed, Concierge, Train Station

Building Characteristics

Conversion, 1930s, Listed

Lifestyle features

City, Hiking, Town

Property Features

Period Features
Property Description ID:28683591

Danum House is an iconic, Art Deco building in the heart of buzzing Doncaster, where rents have risen 14.4% in the last year - the fastest rate of growth in the UK.

 

Doncaster is the epitome of the UK's Northern Powerhouse. A large town within the Sheffield City Region, offering excellent rail, road and air links, it is a strategic hub for many companies. Over £380 million is currently being invested in the area's redevelopment by the government, Virgin Trains and the National College of High Speed Rail, while Amazon.com will soon be opening a third distribution centre in the town, creating an estimated 500 new jobs.

 

This has given Doncaster a large, young, working population who want stylish, comfortable urban living. A huge undersupply of suitable property in the town, though, continues to drive rents higher.

 

Danum House is in a prime position to meet those needs. The building sits opposite the bustling Frenchgate Shopping Centre and just 200m from the train station, offering fast links to London, Manchester, Edinburgh, Newcastle and Leeds.

 

Packed with original features and 1930s character, it was originally a department store, inspired by the luxurious cruise ships of the era. Now, the Grade II listed building is being converted into luxury apartments, with construction due for completion in Q2 2018.

 

With prices starting from £90,000, investors can earn a gross yield of 8.5% per annum, assured for five years. 75% LTV mortgages are available, which means eligible investors can secure a unit for just £30,000.

Contact the Advertiser
Consent to contact:
Keep me updated with similar properties
CAPTCHA
Enquire about this Property
Important Property Information

Available Units

1 Bed Flat
  • GBP Price: £90,000
  • EUR Price: €101,215
  • USD Price: $110,962

Key Selling Points

  • One bedroom luxury apartments from £83000
  • 8.5% p.a. assured gross yield for 5 years
  • Stunning Grade II listed Art Deco building
  • Construction due for completion in Q2 2018
  • Walking distance to train station and all local amenities
  • Construction due for completion in Q2 2018
  • 75% LTV mortgages available
Mortgage Information
Investment Facts

Category : Residential Buy to Let

Cash requirement : £30,000

Finance: 75% LTV at 3.00% Interest Rate

Reservation Fee: 5.00 %

Payment Structure : 25.00 % Depsoit

30% Deposit (incl res fee); 70% Completion

Completion Date:

Income Yield: 8.50% Gross Yield Guaranteed

for 5 years

Income Term: 5 Years

Returns Start In...: April 2018

Featured Investments
Welcome! Register or Login for the best international property experience.
Welcome Back ! Access your profile, saved searches, property shortlist, and more! Logout