Compact mixed-use unit with conversion upside for hands-on investors.
Fully let ground-floor commercial unit generating £500pcm
Potential conversion to 1-bed and 2-bed flats, subject to planning
Estimated combined rent after conversion £2,050pcm (projected ROI 12.6%)
Requires modernization and likely insulation and internal upgrades
Tenure unknown — buyer should verify legal title and lease details
Very high local crime and very deprived area may affect demand
Chain-free sale for quicker completion
Buyer’s premium applies (1% + VAT, minimum fee payable)
A compact, city-centre mixed-use block offering immediate income and clear upgrade potential for investors. The ground-floor commercial unit is fully let at £500pcm, providing an existing revenue stream, while the two upper floors could be converted into a 1-bed and 2-bed flats subject to planning — an opportunity to boost income to an estimated £2,050pcm.
The building is a Victorian mid-terrace of solid brick construction with double glazing (install date unknown) and community heating. It requires modernization and improvements (likely internal refurbishment and insulation) to realise conversion potential. Planning for residential conversion is not confirmed and should be factored into timescales and costs.
Location strengths include a Doncaster city-centre address, excellent mobile signal, fast broadband and nearby transport and amenities. Important local context: the area is classified as very deprived with very high recorded crime; this affects tenant demand, yields and resale prospects. Tenure is unknown and a buyer's premium (1% + VAT, min fee applies) is payable on purchase.
This sale is chain-free, attractive to buyers who can manage refurbishment and planning risk. The property suits investors seeking higher-yield, hands-on projects in an urban centre — able to trade current secure income for greater long-term return after conversion and modernization.
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