Earlesmere Avenue, Doncaster, South Yorkshire

HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.

This investment property in Doncaster offers a compelling combination of high yield and strategic location, making it an attractive opportunity for investors. Generating a gross annual income of £27,031.68, the property boasts an impressive gross yield of 12.87%, indicative of excellent returns. It has been fully refurbished to include five en-suite rooms, each finished to a high standard to provide comfortable and appealing living conditions for tenants.

Managed by a local HMO expert, the property benefits from professional oversight, ensuring hassle-free investment and consistently high occupancy rates. Its prime location near the heart of Doncaster town center is well-served by public transport, including bus routes and Doncaster Train Station just 1.3 miles away. This accessibility, combined with proximity to major employers like Amazon, Polypipe, and Doncaster and Bassetlaw Teaching Hospitals NHS Foundation Trust, makes the property highly attractive to working professionals.

The strong demand for HMO rooms in the area is driven by local economic growth and several regeneration projects. Being in an Article 4 zone, where restrictions limit the supply of new HMOs, this property enjoys increased demand for existing spaces, enhancing its investment appeal. The robust economy of Doncaster, supported by ongoing regeneration and excellent transport links, further bolsters the property’s potential for capital growth and sustained high returns. This property not only promises a secure income stream but also offers potential for capital appreciation, positioning it as a strategic and lucrative investment in the real estate market.

Income Breakdown (Monthly):

Room 1: £454.65
Room 2: £455.00
Room 3: £454.65
Room 4: £455.00
Room 5: £433.34
Total Monthly Income: £2,252.64

Annual Income:

£27,031.68

Expenditure Breakdown (Monthly):

Gas: £402.00
Electric: combined with Gas
Water: £16.60
Council Tax: £110.00
TV License: £13.00
Broadband: £61.20
Cleaner: £50.00
Management: £270.32

Total Monthly Expenditure: £923.12

Annual Expenditure:

£11,077.44

Net Annual Income:

£15,954.24 (calculated as Total Income - Total Expenditure)

Gross Yield:

12.87% (calculated as Annual Income / Purchase Price)

Commentary:

The room rates and expenditure figures are based on current data. The property's financial performance indicates a strong gross yield of 12.87%, reflecting its potential as a valuable investment. This financial summary does not account for potential vacancy periods or additional management costs not listed, which could impact net income and yield calculations. Additionally, the electric cost is not specified and should be considered for accurate financial planning.