Thorne Road, Doncaster, South Yorkshire
14 14
£875,000 Offers Over House of multiple occupation for sale
Description
This investment would suit a range of buyers from remote landlords seeking a hands-off well-managed investment to local supported living providers looking to benefit from the flexible accommodation.
Attractive Dual Property Investment Opportunity
Address: 59/59a Thorne Road, Doncaster, DN1 2EX (Two properties on separate titles)
Property Breakdown:
59 Thorne Road: 10-bed licensed HMO, all ensuite with kitchen and dining facilities
59a Thorne Road: 4 self-contained serviced apartments, all ensuite with kitchen facilities
Maximum occupancy: 16 tenants (2 rooms double occupancy)
Tenant Type: Working Professionals
Prime Location & Economic Growth
Doncaster, one of South Yorkshire’s key economic hubs, is rapidly growing and diversifying, presenting an excellent investment opportunity. Historically known for its industrial base, Doncaster has expanded into sectors such as logistics, manufacturing, and retail, with major employers including Amazon, Aldi, DHL, and the iPort, one of the largest logistics hubs in Europe. The presence of Doncaster Sheffield Airport further strengthens the town’s role in business and logistics, making it a key location for professionals.
Ongoing infrastructure developments and regeneration projects are enhancing Doncaster’s appeal, with significant investment in new commercial spaces, transport improvements, and housing developments. This ensures long-term economic stability and a consistent demand for rental properties, particularly high-yielding HMOs and serviced accommodation catering to working professionals.
Tenant Demand & Market Potential
Tenant demand in Doncaster remains strong, driven by affordability, employment growth, and increasing student numbers from Doncaster College. The properties at 59/59a Thorne Road are strategically positioned near Doncaster’s town centre, employment hubs, and local amenities, making it an ideal choice for working professionals.
With a growing number of key workers, students, and young professionals seeking affordable, well-located rental housing, Doncaster’s rental market continues to thrive. The potential to increase occupancy to 19 tenants presents an opportunity to further enhance rental income and overall investment returns.
Financial Summary
Income Breakdown (Monthly)
59 Thorne Road (10-Bed HMO):
Room 1: £715.00
Room 2: £477.00
Room 3: £650.00
Room 4: £715.00
Room 5: £476.00
Room 6: £600.00
Room 7: £650.00
Room 8: £560.00
Room 9: £600.00
Room 10: £600.00
Total Monthly Income: £6,043.00
59a Thorne Road (4 Self-Contained Serviced Apartments):
Studio 1: £925.00
Studio 2: £900.00
Studio 3: £900.00
Studio 4: £900.00
Total Monthly Income: £3,625.00
Total Combined Monthly Income: £9,668.00
Gross Annual Income: £116,016.00
Expenditure Breakdown (Monthly)
Gas: £400.00
Electric: £500.00
Water: £150.00
Council Tax: £500.00
TV License: £14.12
Broadband: £99.60
Cleaner: £660.00
Management: £1,170.00
Total Monthly Expenditure: £3,493.72
Annual Expenditure: £41,924.64
Yields:
Gross Yield: 13.26% (calculated as Annual Income / Sale Price)
Net Yield: 8.47% (calculated as Net Annual Income / Sale Price)
Conclusion
The properties at 59/59a Thorne Road offer a high-yielding, well-positioned investment with a diversified income stream from both HMO and serviced apartments. With strong demand from working professionals and low operating costs, these properties provide a turnkey investment opportunity in a fast-growing rental market.
HMO Sales Expert are specialists within the HMO and multi-unit marketplace across the UK. Our experienced team has a combined 100+ years of specific HMO experience including investing, managing, developing, valuing and selling. Every property is exclusively listed, direct to landlord, visited and quality-checked by our team and is sold with NO BUYER FEES or reservation costs. Full access to every financial detail and a pro-active and time-served team to assist you.
Gross Yield: 13.26%
Area Description
Doncaster, a key town in South Yorkshire, offers significant investment potential due to its diverse and growing economy. Historically known for its industrial base, the town has increasingly diversified, with major sectors such as logistics, manufacturing, and retail now driving growth. Doncaster is home to the iPort, one of the largest logistics hubs in Europe, which hosts prominent employers like Amazon, Aldi, and DHL, providing a steady supply of jobs. The town's proximity to Doncaster Sheffield Airport also strengthens its appeal for business and logistics, creating a stable economic environment. This economic growth, coupled with ongoing infrastructure developments, makes Doncaster a highly attractive location for property investors.
Tenant demand in Doncaster is buoyed by the town’s affordable housing market, its proximity to large employers, and its appeal to a broad range of tenants, including young professionals, students, and key workers. The town is also home to Doncaster College, attracting students who require good-quality, affordable accommodation. The location of the property at 59/59a Thorne Road, DN1 2EX, places it within easy reach of Doncaster’s town centre, major employment sites, and excellent local amenities, making it an ideal location for a HMO. Doncaster’s growing population and increasing number of workers and students looking for affordable, well-connected housing contribute to a steady demand for rental properties, particularly those catering to professionals and students.
Doncaster benefits from exceptional transport links, which significantly enhance its attractiveness for both tenants and investors. The town’s railway station offers direct services to key cities such as London, Sheffield, Leeds, and Manchester, making it a prime location for commuters. With direct access to the M18 and A1(M) motorways, Doncaster is well-connected by road to major cities across the UK. Furthermore, regeneration efforts are focused on improving infrastructure and public spaces, particularly in the town centre, which will further boost its appeal. The town offers a variety of amenities, including shopping centres, parks, and leisure facilities like the Yorkshire Wildlife Park and Doncaster Dome, contributing to a high quality of life. With these positive factors, Doncaster presents a promising investment opportunity with strong potential for capital growth and reliable rental yields.
Additional Details
- Bedrooms: 14 Bedrooms
- Bathrooms: 14 Bathrooms
- Ensuites: 14 Ensuites
- Kitchens: 14 Kitchens
- Dining Rooms: 1 Dining Room
- Tenure: Freehold
- Rights and Easements: Article 4 Area
- Risks: Ask Agent
Broadband Speeds
- Download: -1mbps - 1800mbps
- Upload: -1mbps - 1000mbps
Estimated broadband speeds provided by Ofcom for this property's postcode.
Features
- Prime Location: Situated in Doncaster, near major employers like Amazon and DHL, ensuring strong tenant demand from working professionals.
- High-Yield Investment: Generates a gross yield of 13.26% and a net yield of 8.47%, providing solid returns.
- Dual Income Streams: 10-bed HMO and 4 serviced apartments offer diversified rental income, maximizing profitability.
- Strong Tenant Demand: Close to Doncaster town centre, employment hubs, and Doncaster College, attracting professionals and students.
- Excellent Transport Links: Direct rail services to London, Sheffield, Leeds, and Manchester, plus M18 and A1(M) motorway access.
- Managed Operational Costs: Utilities, council tax, and cleaning services are accounted for, ensuring predictable expense management.
- Regeneration Benefits: Ongoing town-centre and infrastructure improvements enhance long-term property value and rental demand.
Enquiry
To make an enquiry for this property, please call us on 0330 4415 888, or complete the form below.
