For Sale4 Bedroom Commercial Property in Doncaster Road, Rotherham, S63 9HH£125,000
Property Type
Commercial Property
Bedrooms
× 4
Bathrooms
× 2
Receptions
× 2
Tenure
Freehold
Price
£125,000
Key Features
- Buy It Now Option Available
- Being Sold By GOTO Online Auction
- Buyer's Fees Apply
- Attractive mixed use investment
- Starting bids at £125,000
- Two flats with two bedrooms above commercial floor
- Double fronted commercial/retail
- Potential yield gross of 10%+
- Rear parking and access
- Recent upgrades, including new shutters
Resources
Description
A fantastic mixed-use freehold investment opportunity comprising a spacious double-fronted ground floor commercial unit and two self-contained one-bedroom flats above, each with separate access. The property is part let and offers immediate scope to increase income through letting of the vacant units and possible reconfiguration of the commercial space. Situated in a high-footfall location on Doncaster Road, the property benefits from excellent transport links and nearby residential development activity. Features: Mid-terrace freehold mixed-use property Double-fronted commercial unit – approx. 1,184 sq. ft. Two x 2-bedroom flats with private rear access Flat 20A: Let at £85/week – new 12-month AST on completion Flat 22A: Vacant – rental potential £120/week Commercial unit vacant – estimated income £12,000 – £15,000 p.a. Scope to split the commercial unit for multiple tenancies Rear parking and access for upper flats Recently upgraded shutters, windows and doors Located near Goldthorpe Railway Station Easy access to Barnsley, Doncaster, Rotherham & A1(M) Local Area & Developments Within walking distance of Goldthorpe Station Close to major residential developments (130+ new homes nearby with a further 127 homes planned) Popular commuter location with strong rental demand Utilities & Connectivity Broadband speeds: Up to 1000 Mbps (Ultrafast available) Mobile coverage: All major UK networks TV Services: BT and Sky available Flood Risk: None (rivers/seas), Very Low (surface water) Investment Stats Current Yield: Low, with immediate scope to increase Potential Yield (Fully Let): 10%+ gross at estimated market rents Value-add opportunity: Split commercial unit, relet vacant flat High-demand area with growing population and infrastructure Request the full legal pack Arrange a viewing TODAY!! Submit a post-auction offer