Summary - 1a, Southfield Road, Armthorpe, DONCASTER DN3 3AS
2 bed 1 bath Flat
**Property Highlights:**
- **Investment Opportunity:** Modern 2-bed first-floor apartment with a tenant in situ.
- **Current Rent:** £575/month with potential increment to market rate £700-£725/month.
- **Yield:** Approx. 6.3% current yield; potential up to 7.8%+.
- **Costs:** Share of freehold, £25/year ground rent, no service charge.
- **Location Benefits:** Convenient access to transport links, local amenities, and good schools.
- **Garden Access:** Enjoy shared garden space for relaxation.
This modern two-bedroom first-floor apartment in Armthorpe offers an excellent investment opportunity with a tenant already in place, generating £575 a month. The property's location, just 4 miles from Doncaster city center, boasts a strong rental demand making it ideal for buy-to-let investors. With a gross yield of approximately 6.3% and with rent potential reaching up to £700-£725 per month, your investment could yield over 7.8%.
The apartment features a spacious open-plan kitchen/living area, a generous double bedroom, and a sizable single bedroom alongside a modern bathroom. Enjoy the perk of a shared garden space, perfect for small families and working professionals. The area offers affordable living, excellent transport links, and close proximity to local amenities such as shops and schools, including several rated 'Good' by Ofsted.
Be mindful of the high local crime levels and area deprivation which may affect comfort. Additionally, future owners may consider potential upgrades or renovations to enhance property value. This ready-to-rent apartment is a unique chance not to be missed, particularly for first-time buyers or seasoned investors looking to capitalize on the rental market in Armthorpe. Act quickly to secure this promising opportunity!
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