This vacant commercial property sits in the heart of Doncaster's bustling city centre, presenting a valuable opportunity for renovation and investment. Strategically located, the ground floor unit offers potential for conversion into a one-bedroom flat, pending appropriate planning consent. Above this space lies a three-bedroom flat, which is ripe for refurbishment, allowing investors to unlock additional value through thoughtful upgrades.
With anticipated rental returns projected at 10.3%, this property stands out as an attractive option for both first-time buyers and seasoned investors looking to expand their real estate portfolio. The combined estimated rental income of approximately £1,700 per month could provide a reliable cash flow after renovations are completed. Additionally, the absence of an onward chain simplifies the purchase process, making it easier to capitalize on this opportunity.
Doncaster city centre boasts a variety of amenities and excellent transport links, enhancing its appeal to future residents or business operators. This location not only supports residential conversions but also positions the property well for potential commercial use or mixed developments in an area experiencing growth and revitalization.
For those interested in undertaking a transformative project that exploits Doncaster's evolving landscape, this property offers a promising avenue for smart investment decisions.
