St Mary’s & Town Field Villas
- Location
- Doncaster
- No. of apartments
- 26
- Prices from
- £168,235
St Mary’s & Town Field Villas Overview
St Mary’s & Town Field Villas is an excellent opportunity to purchase an apartment in an income-generating block of 26 apartments in the South Yorkshire city of Doncaster that is currently generating an impressive 8.5% yield, with each apartment generating £275 per week.
This newly converted property benefits from an excellent location and consists of 32 apartments spread over 3 floors. One of the most unique aspects of investing at St Mary’s & Town Field Villas is that it is currently being leased to the non-profit housing company Yale Housing Association Limited under a fully internally repairing insurance (FIRI) lease that also includes annual Consumer Price Index (CPI) increases, and with the national CPI rising at an unprecedented rate in recent years, the scope for growth in rental income through CPI increases is extremely high.
St Mary’s & Town Field Villas has recently been completed to an extremely high standard and makes for an excellent investment.
Investment Highlights
- Immediate income
- 25-year assured lease from Yale Housing
- Insured and all running costs paid by tenant
- Fully furnished
- Completely hands off
- 8.5% NET return
- Stamp duty and legal fees paid
- Annual CPI increases
Yale Housing Association Limited
St Mary’s & Town Field Villas is currently being leased to Yale Housing Association Limited on a 25-year lease. Yale Housing is a not-for-profit company that delivers intensive housing management to vulnerable people within local communities and provides the very best support possible to fulfill daily tasks that most people take for granted.
Yale’s sister company is regulated under the Care Quality Commission (CQC), which enables Yale to help people who need regulated care to live safely within the community in property commissioned by the local authority. Yale has also been registered as a CBS company since 2020, enabling them to have charitable status which is regulated not only by the FCA but also by HMRC.
Why Doncaster?
Doncaster is a large town in the UK with a local authority population of over 300,000 people and offers a strategic location at the heart of the UK. Doncaster is situated on the east coast mainline with more than 60 trains running through every day and benefits from excellent road links via the M1, A1 and M18.
Nearby
- Doncaster City Centre (0.3 miles
- Doncaster Train Station (0.9 miles)
- Lakeside Lake (2.0 miles)
- Potteric Carr Nature Reserve (2.5 miles)
Floorplans
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1-bedroom example
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Please note: All plans are provided by the developer for marketing use only and are subject to change.
