OIRO
£695,000

Railway Court, Watch House Lane, Bentley, Doncaster, DN5 9AB

2 Bedroom Block of Apartments in DN5 9AB

Description

ATTENTION INVESTORS!! AN OPPORTUNITY HAS ARISEN TO PURCHASE 9 FULLY TENANTED APARTMENTS OVER 2 X BLOCKS ON ONE SITE IN BENTLEY DONCASTER.

The Railway Court development was constructed in 2015 and comprises of 1 block of 4 x 2 bed apartments and 1 block of 4 x 2 bed and 1 x 1 bed apartments, all finished to a high standard internally, all fully tenanted.
The 750 square foot apartments currently generate an average of an 8% return on investment*

*figures accurate at the time of writing this sale specification, February 2020.

FULL DESCRIPTION

Front Block
The ‘front block’ consists of 5 apartments:
Numbers 11, 12, 14 & 16 all 2 bedroom.
Number 15 is a 1 bedroom.

Apartments 11 & 16 are located on the ground floor, each apartment with its own front door for access. Apartments 12 &14 are located on the first floor, sharing an external door and stairway, but with their own apartment doors.
Apartment 15 is located on the second floor.

Rear Block
The ‘rear block’ consists of 4 apartments:
Numbers 7, 8, 9 & 10 all 2 bedroom.

Apartments 7 & 10 are located on the ground floor, each apartment with its own front door for access. Apartments 8 & 9 are located on the first floor, sharing an external door and stairway, but with their own apartment doors.

Once inside, the apartments are all finished almost identical specification, with the same layout / floor plan.

2 bedroom apartment description

Entrance hall
Accessed via secure external door, the entrance hallway is neutrally decorated, houses the property alarm, and gives access to the main living area.

Open plan lounge / dining / kitchen
All apartments have open plan living, with a spacious lounge / dining area and modern fully fitted kitchen, comprising of a range of base & wall fitted units, integral oven, hob & extractor alongside stainless steel sink & drainer.

Bedroom 1
A spacious double bedroom, neutrally decorated, finished with shortpile carpet, single pendant light fitting and central heating radiator.

Bedroom 2
A second double bedroom, neutrally decorated, finished with shortpile carpet, single pendant light fitting and central heating radiator.

Bathroom
Apartment bathroom with 3-piece white suite comprising of w.c., wash hand basin, bath tub and shower over bath, finished with heated towel rail, obscure glass window and extractor.

1 bedroom apartment description

Open plan lounge / dining / kitchen
Entrance into open plan living, with a spacious lounge / dining area and modern fully fitted kitchen, comprising of a range of base & wall fitted units, integral oven, hob & extractor alongside stainless steel sink & drainer.

Bedroom 1
An exceptionally large double bedroom, neutrally decorated, finished with shortpile carpet, single pendant light fitting and central heating radiator.

Bathroom
Apartment bathroom with 3-piece white suite comprising of w.c., wash hand basin, bath tub and shower over bath, finished with heated towel rail, obscure glass window and extractor.

Additional Information

All apartments are fully alarmed, fitted with energy efficient central heating boilers and double glazing as standard throughout. All windows have fitted vertical blinds. There is onsite parking available for all residents (this is not allocated).

At the time of writing this specification, 8 of the 9 tenants in occupancy are in full time employment, with 1 x tenants in receipt of housing benefit. ALL rental accounts are up to date, with NO arrears on any of the properties.

This is a fantastic investment opportunity for an investor looking to start or grow their investment portfolio; a great stock of quality new build properties, with settled, reliable tenants.

The agent will be happy to arrange viewing access and provide any additional information as required.

KEY FEATURES:
* RAILWAY COURT, BENTLEY
* A TOTAL OF 9 APARTMENTS OVER 2 BLOCKS ON ONE SITE
* FULLY TENANTED APARTMENTS
* NO ARREARS ON ANY OF THE ACCOUNTS
* ON SITE PARKING
* HIGH SPECIFICATION FINISH THROUGHOUT
* VIEWING RECOMMENDED
* FREEHOLD
* 7.5%- 8% ROI

*ALL KEY FEATURES ACCURATE AT THE TIME OF MARKETING*

DISCLAIMER
Whilst every care has been taken in the preparation of this leaflet, if there are any points upon which you are relying, please confirm them with the vendor before viewing or especially before making an offer. We cannot guarantee that the information is correct and if any items are important to you, you must ask us to produce the evidence you require before viewing or making an offer, and especially ask your solicitor to make these checks before exchanging contracts. Please also remember that measurements may have been taken using an electronic tape measure. They, like any distances mentioned are for guidance only and should under no circumstances be relied upon. Please note that none of the services or appliances connected to or fitted within this property have been tested, and purchasers are advised to make their own checks where necessary. No guarantee can be given that they are in working order. We have not check rights of way, footpaths, covenants, easements, wayleaves, nor existing or proposed planning permissions or building regulations concerning this property or the surrounding area. Internal photographs are reproduced for general information and it must not be inferred that any item shown is included in the sale.

Offer Procedure
To make an offer on this property, simply telephone or call into our office and supply us with the relevant details which will be passed on to our vendor client. In order to advise our client regarding any offer received, we will need to establish your ability to proceed, which will include financial qualification by an Independent Financial Advisor, in confidence, in order that we may discharge our responsibility. We also have an obligation under Money Laundering Laws to check all prospective purchasers’ identification

Features

* RAILWAY COURT, BENTLEY * A TOTAL OF 9 APARTMENTS OVER 2 BLOCKS ON ONE SITE * FULLY TENANTED APARTMENTS * NO ARREARS ON ANY OF THE ACCOUNTS * ON SITE PARKING * HIGH SPECIFICATION FINISH THROUGHOUT * VIEWING RECOMMENDED * FREEHOLD * 7.5%- 8% ROI *ALL KEY FEATURES ACCURATE AT THE TIME OF MARKETING*