Shared accommodation for sale in Balby Road, Balby, Doncaster DN4

*potential 7 bedroom HMO conversion opportunity*

We are delighted to bring to the market a fantastic investment opportunity to purchase this three storey building which has had plans drawn up for conversion into a 7 bedroom HMO. Please see the detailed architect drawings for additional details on the proposed layout of the development. Alternatively the property also has full planning permission granted to be converted into 3 x 1 bedroom apartments.

The property requires full renovation throughout and is situated in a fantastic location in central Balby, within walking distance to the town centre and all local amenities such as schools, parks, shops, supermarkets, bars, restaurants and cinemas.

Upon completion of this conversion, the property would benefit from a significant increase in capital value and would make a fantastic long term investment with the potential for an ongoing annual projected rental income of approximately £43,680 per annum with a projected ROI of over 15% after refinancing.

*A buyer's premium of 1% + VAT, (subject to a minimum of £2995 + VAT) of the agreed sale fee applies to this property, £995 + VAT of which must be paid to secure the property and the remainder is payable upon exchange of contracts. Terms and conditions apply, please see the 'Buyer's Premium' page of our website for more information.