ARG 5411 39866381

DUBAI +971 58 820 1632

  • Units from £90,500
  • Temporary apt
  • Net yield from 5.5% to 10% depending on the type of rental
  • 10 single-bedroom units + 2 two-bedroom units
  • 3 residential storeys, plus commercial units on ground floor
  • Excellent transport links: only 350 m from the train station
  • Convenient location in city centre
Residential building in
Doncaster city centre

Di Salvo Realty presents a mixed-use building that offers the ultimate in urban convenience. It’s located in Doncaster’s city centre, close to the railway station, the Frenchgate Shopping Centre and a host of banks, restaurants and other amenities. 

The property is the result of a recent office conversion. The ground floor remains devoted to retail space but the upper three storeys have been wholly remodelled to create elegant residential apartments. They include one- and two-bedroom units, all self-contained and tenant-ready. 

The redevelopment has been sympathetic to the original architecture, but the careful adoption of modern materials and building technologies has delivered energy efficient apartments that are attractive yet cheap to run. 

The building offers residents tastefully designed and beautifully finished interiors , light and airy layouts, light and neutral colour palettes, excellent energy efficiency and low running costs.

Location

The property is located in Doncaster city centre close to the junction of Cleveland Street and Young Street, in a busy urban area known for its popular bars and restaurants.  Nearby we can find banks,all manner of shops and cafés and, just a two-minute walk away, the entrance to another popular retail site, the Waterdale Shopping Centre. 

For those with jobs in the city, the location is just as convenient. Within easy walking distance are numerous offices and smaller business centres, the headquarters of Doncaster Council, Doncaster Justice Centre, various secondary schools and Doncaster College, which also encompasses the University Centre. 

These and many other business, retail and leisure amenities are all within a few minutes’ walk, and the presence of Doncaster Railway Station, just 350m away, makes the development an excellent choice for commuters, too.

CITY CENTRE CONVENIENCE
  • 50 m from Waterdale Shopping Centre
  • 200 m from Frenchgate Shopping Centre
  • 210 m from Doncaster Council
  • 235 m from Doncaster Central Library
  • 350 m f rom Doncaster Railway Station
  • 425 m from Doncaster Museum and Art Gallery
  • 550 m from Doncaster Wharf Marina
  • 650 m from Doncaster College and University Centre
  • 3.5 km from M18 Motorway and A1(M) Motorway
  • 10 km from Doncaster Sheffield Airport
  • 27 km from Sheffield city Centre
  • 41 km from Leeds city Centre
DONCASTER

Doncaster was awarded city status in May 2022, partly in recognition of its growing population. That growth is set to accelerate, thanks to its Urban Centre Masterplan, which is driving widespread regeneration and job creation. 

Demand for accommodation is already intense and it’s still growing, so both rental and capital values can be expected to rise steadily.

The building is located in the Town ward – Doncaster’s most central district, where significant urban redevelopment work is ongoing.

THE REAL ESTATE MARKET

ONS house price data shows that over the course of 2021, local ward prices exceeded the UK’s average rate of capital growth, rising by over +9.25% year-on-year to a mean of £132,871. Since then, the average values have continued to rise significantly. 

According to the Land Registry, mean values in Doncaster rose to £162,489 over the year to June 2022, which compares against an average (for England) of £304,867. The fact that asking prices are so much lower facilitates better yields and should afford more capacity for further capital growth.

Opportunity summary

  • 12 residential apartments in Doncaster, UK
  • 10 single-bedroom units + 2 two-bedroom units
  • 3 residential storeys, plus commercial units on ground floor
  • Units from £90,500
  • Temporary apt
  • Net yield from 5.5% to 10% depending on the type of rental
  • Excellent transport links: only 350 m from the train station
  • Convenient location in city centre
  • Ready-to-move units!

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