Introducing a prime investment opportunity in New Rossington, Doncaster—The Library Apartments. This exclusive development offers 11 fully completed and tenanted one-bedroom apartments, each boasting modern, high-spec interiors and spacious living areas. Originally converted in 2018, these apartments provide a generous 450 sq.ft. of living space, complete with high-gloss kitchens, stylish white suite shower rooms, and allocated parking spaces.
Key Investment Highlights:
- 10% NET Rental Yield: Enjoy an assured 10% net rental income, making this a secure and profitable investment.
- No Landlord Costs: All landlord costs, including ground rent, service charges, building insurance, and management fees, are covered under a 25-year management agreement with a Housing Association.
- Strong Capital Growth Potential: Anticipate a potential 30% capital uplift within three years, with a built-in exit option to capitalize on market growth.
- Fully Managed Property: The apartments are managed by a Housing Association for 25 years, ensuring a hands-free investment experience.
- Cash Purchase Only: Secure this opportunity with a £5,000 reservation fee, with simultaneous exchange and completion.
Each apartment is sold with a 125-year lease, ensuring long-term stability and security. Located in a thriving area with easy access to Doncaster town center, The Library Apartments offer an ideal blend of modern living and investment potential.
Investment Summary:
- Price per Apartment: £149,995
- Monthly Rent: £1,250
- Total Potential Profit over 3 Years: £89,999
- Return on Investment (ROI): 60%
This is a unique opportunity to invest in a high-yielding, fully managed property with assured returns and strong growth prospects. Don't miss out on securing your place in this outstanding development.
