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See how verdicts work5-bedroom house · DN2 4BN
Listing removedListed 291 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The following figures have been calculated assuming full occupation. The annual gross income is £27,560.
At the asking price of £210,000, the gross yield is therefore, approximately, 13.1%. As of the 27th February 2023, the total expenses per month are £832 to the nearest pound.
This includes water, gas, electric, broadband, council tax, and managing agency fees. Please note that this does not include maintenance costs as they are irregular and inconsistent.
Given the cost of expenses per month, the annual net income is therefore £17,576. Selling for the asking price of £210,000 results in a net yield of approximately 8.37%.
Please note that this does not account for a mortgage or costs due to the purchasing process such as stamp duty land tax, valuation/survey costs, search costs, conveyancer fees, etc.
The current landlord is selling to invest in a business unrelated to property. Each bedroom comes with an en suite bathroom containing a shower and toilet. The tenants share one modernized kitchen.
At the front of the house there is on-street parking space. The house is only a ten minute walk away from the city centre.
It is situated across the road from Elmfield Park which contains football fields, a children's play area, tennis courts and places to sit with scenic surroundings.
The Keepmoat stadium, home to Doncaster's football club, is a fifteen minute walk from the house. The stadium is a facility for many recreational sporting activities.
We (create) are both overseeing the sale of the property and are currently managing its tenancy. We ensure that all mandatory property checks are made and keep certificates and records as proof.
We also do six-monthly inspections. Doncaster has recently acquired city status which should bring investment over the next few years.
The city also has its longstanding attractions, those being the racecourse, bars & nightclubs, a cinema, a bowling alley, and the Dome leisure centre.
Council Tax Band: A (Doncaster Council) Tenure: Freehold Fully Licenced HMO Bedroom 1 Ensuite Bedroom Bedroom 2 Ensuite bedroom Bedroom 3 Ensuite bedroom Bedroom 4 Ensuite Bedroom Bedroom 5 Ensuite Bedroom Kitchen/Diner Large Kitchen Diner for shared use by all occupancts Hall Entrance Hall connecting the front Door, Bedroom 1 and the kicthen Landing 1st floor connecting bedroom 3,4, and 5 Cloakroom Understairs Cloakroom off of the bottom of the stairs
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
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See projected short-stay revenue vs a vanilla BTL for this property.
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FAQ
About 48 Rockingham Road, Doncaster
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