DoncasterSheffieldManchesterLincolnLondon

Investment 0 SqM Bawtry, Doncaster

Freehold £285,000

Granary Court, Market Place, Bawtry, Doncaster, DN10 6JL

Key Features

  • Prime residential investment including ground rents
  • Affluent Bawtry town centre location
  • Easy walking distance of shops, bars and restaurants
  • Seldom available investment opportunity

Description

The property comprises the freehold investment of a modern, prime block of flats in the heart of Bawtry town centre.

Built as a block of 6 flats in 2010, the freehold of 3 flats with the benefit of the ground rent of all 6 flats (the whole block) is available for sale.

The 3 flats under ownership are let as follows:

Flat 3 - £5,160 per annum (6 month AST from Dec 2017)
Flat 4 - £6,600 per annum (6 month AST from Mar 2017)
Flat 5 - £6,000 per annum (6 month AST from Dec 2018)

The total amounts received at present is as follows:

Ground Rents (6 flats): £720 per annum
Flat income (3 flats): £17,760 per annum

Grounds Maintenance: £4,320 per annum

The property has, at times previously been let as serviced apartments with rents achieved as high as £285 per week.

Comments

The property is prominently located on Market Place and the A631 Tickhill Road in the heart of Bawtry town centre. The vibrant market town has a great history and the property's prime location offers easy access to all the amenities of Bawtry town centre including a variety of shops, bars, and restaurants. Bawtry is located on the South Yorkshire North Nottinghamshire border approximately 8 miles to the south of Doncaster and approximately 9 miles to the north of Retford.

Viewings strictly by prior appointment with the agents: Craig Gooddy MRICS Barnsdales - Chartered Surveyors Tel: 01302 308 182 craig@barnsdales.co.uk

Each party is to be responsible for their own legal costs incurred in this transaction.

EPCs are available on request from the agents.

EPC awaited or not required

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