6 Bedroom / 6 Bathroom Fully managed HMO Property in Doncaster
We develop the property into a HMO for you, and then manage it for you once it’s refurbished. We do everything for you including compliance, maintenance and tenant management, and then assist with refinancing the property for you once refurbished and tenanted.
Price: £333,158 including the property, all refurbishment and furniture. This price is locked.
Net Yield: 10.22%
Gross Yield: 12.80%
Annual Net Income: £33,200
Monthly Net Income: £2,767
Tenant Type: Professional working individuals (view more about our tenants here)
Capital Appreciation: 7% Per Annum
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- Off Plan stamp duty saving of £14,000
- Large garden to the rear
- Off-street parking to the front for 4 cars
- Will have the addition of a brick extension the side
- EPC C or above rating once completed
- Property comes fully furnished and fully compliant.
- 100% Freehold property. You own the asset from day one.
- We take care of all the refurbishment, management and compliance. We have over 33 years of HMO development and management experience.
- This is a cash purchase purely for speed. As we produce a number of HMO’s per year we do not have the time to wait for a mortgage to process. The property can be refinanced after it is complete, allowing for an LTV of around 63% on a commercial valuation. We can assist you in organising this.
About the area:
Kirk Sandall, around four miles north east of Doncaster city centre, is a strong location for HMO investment because it combines an established residential area with its own railway station, good road connections and immediate access to a substantial employment base. Kirk Sandall station provides services towards Doncaster, Sheffield, Scunthorpe and Hull, while the A18 is close by and Junction 4 of the M18 is less than four miles away. This gives tenants straightforward access into central Doncaster as well as employment locations across the wider South Yorkshire and Humber corridor.
A major strength of Kirk Sandall is the amount of employment located close to the area itself. Kirk Sandall Industrial Estate and Lake Enterprise Park sit on the doorstep, providing established industrial, manufacturing, warehousing and commercial employment without tenants necessarily having to commute into Doncaster city centre. The area is also within practical travelling distance of the wider Doncaster employment market, including iPort Doncaster, which is directly connected to Junction 3 of the M18 and forms one of the region’s major logistics and rail freight locations.
For HMO tenants, Kirk Sandall also has the advantage of being an established residential community rather than an isolated industrial location. Nearby amenities include supermarkets, retail facilities and everyday services around Kirk Sandall and neighbouring Edenthorpe, while Doncaster city centre remains only a few miles away. The combination of local employment, rail access and proximity to the M18 gives professional tenants and contractors a broad choice of workplaces without making the property dependent on one employer or one employment sector.
For landlords, that mix is particularly useful. Kirk Sandall offers tenants a residential setting with good access to work, shops and transport, while remaining well positioned for Doncaster’s wider logistics, manufacturing and commercial economy. For the type of professionally managed HMO properties we develop, particularly those offering larger ensuite rooms, parking and good communal space, Kirk Sandall has the fundamentals needed to attract tenants looking for a longer-term home rather than simply the cheapest room available.
Did you know that Doncaster was named the UK’s Number One City Brits Most Want to Move To — and HMO Investors Are Taking Notice – Click here to read more
