Central Doncaster mixed-use block with strong projected rental yield for investors.
Vacant ground-floor commercial unit, potential conversion subject to planning consent
A vacant mixed-use mid-terrace in Doncaster city centre presenting a clear investor opportunity. The ground-floor commercial unit could be converted into a one-bedroom flat subject to planning consent; the upper three-bedroom flat requires full renovation. Together the units are projected to achieve a combined rental income of £1,700 pcm and a strong projected ROI of 10.3% after works.
The property is sold at auction with no onward chain, offering a straightforward purchase route, but a buyer’s premium applies (1% + VAT, minimum fee applies) and a non-refundable reservation payment is required. The building dates from the early 20th century, has solid brick walls (likely uninsulated), double glazing of unknown age, and is connected to mains gas and a community heating scheme. Expect refurbishment costs and necessary planning and compliance work before residential use of the ground floor.
Location is a key strength: central Doncaster provides transport links, amenities and tenant demand typical of urban centres, supporting lettability once refurbished. Notable negatives include a very high local crime rate and high area deprivation scores; these factors may affect tenant mix and rental levels. Buyers should factor renovation, planning risk and the auction sale process into costings and due diligence.
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