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See how verdicts work14-bedroom terraced house · DN1 2LU
For saleListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OVERVIEW We are pleased to present 17–19 Kings Road - an impressive, fully refurbished 14-bedroom en-suite HMO generating £88,320 per annum in rental income.
Operating under a granted HMO licence and backed by full retrospective planning permission, this is a rare, large-scale residential investment asset offering institutional-level income from a single acquisition.
At the asking price of £750,000, the property delivers a gross yield of 11.78% and a net yield of approximately 10.25% - outstanding returns for a purpose-built, professionally configured HMO of this scale and specification.
FINANCIAL SUMMARY GROSS ANNUAL INCOME: £88,320 pa | £7,360 pcm MONTHLY RUNNING COSTS Council tax: £211 Water: £420 Internet: £66 TV licence: £15 Cleaning (fortnightly): £242 Electricity (communal): Minimal - rooms individually metered Total monthly costs: £954 NET MONTHLY PROFIT: £6,406 NET ANNUAL PROFIT: £76,874 (approx) GROSS YIELD (on £750,000): 11.78% NET YIELD (on £750,000): 10.25% PER-BED ACQUISITION COST: £53,571 Note on water: the current rate of £420 pcm reflects an elevated billing cycle following a prior account deficit.
The vendor advises the normalised rate is approximately £250–£300 pcm.
As billing returns to the standard rate, net yield will improve accordingly - representing an immediate upside already in motion for the incoming purchaser.
PLANNING PERMISSION Reference: 21/03614/FUL Alt.
Reference: PP-10484874 Address: 17–19 Kings Road, Wheatley, Doncaster, DN1 2LU Proposal: Change of use to form refurbished 14-bedroom HMO, with en-suites and communal facilities, internal and external alterations including external render, additional parking and secure bike storage (RETROSPECTIVE) Decision: PLANNING PERMISSION GRANTED Decision Date: 4 February 2022 LICENSING & COMPLIANCE An HMO licence is in place, providing the incoming purchaser with fully compliant, uninterrupted occupancy from the date of completion.
The property holds an EPC rating of C, reflecting its refurbished condition and ensuring compliance with current and forthcoming energy performance requirements for the private rental sector.
KEY FEATURES • 14 bedrooms - all en-suite • 4 Kitchens • Split over 4 floors • HMO licence in place • Full planning permission granted (February 2022) • EPC rating C - energy efficient and future-proofed • Communal facilities throughout • Modernised exterior with external render • Additional off-street parking provided and rented out • Secure bike storage installed • Individual room electricity meters - minimal communal utility cost • Professionally refurbished throughout WHY THIS INVESTMENT STACKS UP Scale matters in HMO investment, and 17–19 Kings Road delivers it.
With 14 en-suite rooms under a single roof, a single acquisition secures what would otherwise require multiple individual properties to replicate - with all the management efficiencies and economies of scale that come with it.
At £750,000, the per-bed acquisition cost of £53,571 is a highly competitive entry point for a fully licensed, planning-approved asset of this specification.
A gross yield of 11.78% and a net yield exceeding 10% place this property firmly in the top tier of commercial-scale residential investments available in Yorkshire.
The individual room electricity metering keeps communal utility costs minimal and transfers day-to-day energy consumption responsibility to tenants - a structure that protects landlord margins against energy price volatility.
With retrospective planning granted, an active HMO licence, an EPC of C, and a full refurbishment completed, this property has no outstanding compliance hurdles.
It is ready to operate - and ready to perform - from day one.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 19, Kings Road, Wheatley, Doncaster
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