An excellent opportunity for first-time buyers and investors alike, this two-bedroom ground-floor apartment is currently vacant with no upward chain, boasts approximately 979 years remaining on the lease and has previously achieved £800 PCM in rent.
A Two-Bedroom Ground-Floor Apartment with Excellent Investment Potential and No Upward Chain
Situated within the established Sheraton Court development on Armthorpe Road, this two-bedroom ground-floor apartment presents an appealing opportunity for first-time buyers, downsizers and buy-to-let investors alike.
Offering approximately 552 sq. ft. of accommodation, the apartment features a spacious lounge/diner, fitted kitchen, two bedrooms, bathroom and useful internal storage.
Currently vacant and offered with no upward chain, the property provides flexibility for buyers looking to move without an onward purchase. However, the owners are also actively marketing the apartment to prospective tenants, meaning it may be sold with a tenancy in place should a letting be agreed before completion.
For investors, the property has previously achieved a rental income of £800 per calendar month, equivalent to £9,600 per annum, representing a potential gross rental yield of approximately 10.7% based on the asking price.
An exceptionally long remaining lease of approximately 979 years, peppercorn ground rent and an annual service charge of £936 further enhance its appeal.
Convenient Ground-Floor Living
Being situated on the ground floor, the apartment offers the convenience of accommodation arranged across a single level, without internal stairs.
This makes it particularly appealing to buyers looking for manageable living space, whether purchasing their first home, downsizing or seeking a practical rental investment.
A Well-Connected Doncaster Location
Sheraton Court occupies a convenient position on Armthorpe Road, offering access to Doncaster city centre and a range of everyday amenities.
The surrounding area benefits from local shops, supermarkets, healthcare facilities and public transport connections, making it a practical location for residents.
Doncaster city centre provides a wider selection of retail, dining and leisure opportunities, alongside Doncaster railway station with connections to Sheffield, Leeds, York and London.
The property is also well placed for access to Doncaster Royal Infirmary, which may appeal to those working within the healthcare sector or investors considering the local rental market.
For motorists, the wider road network provides connections towards the M18 and A1(M), offering access throughout South Yorkshire and beyond.
Investment Opportunity – Previously Achieved £800 PCM
For purchasers considering a buy-to-let investment, the apartment has previously achieved a rental income of £800 per calendar month.
At the asking price of £90,000, this equates to:
•Previously achieved rent: £800 PCM
•Equivalent annual rental income: £9,600
•Potential gross rental yield: Approximately 10.7%
•Annual service charge: £936
•Ground rent: Peppercorn
The previously achieved rental income demonstrates the property's rental history, although future rental income and occupancy cannot be guaranteed.
The owners are currently seeking a new tenant, and buyers should be aware that the property's occupancy status may change during marketing.
Any agreed tenancy, its terms and the proposed arrangements for completion will be confirmed as part of the sales process.
LEASEHOLD INFORMATION
The property is offered on a leasehold basis, with the following information provided:
Tenure: Leasehold
Remaining lease term: Approximately 979 years
Ground rent: Peppercorn
Service charge: £936 per annum, equivalent to £78 per month
Leasehold information, charges, restrictions and any anticipated expenditure should be verified by the purchaser's solicitor and managing agent before exchange of contracts.
Vacant with No Upward Chain
The apartment is currently vacant and offered with no upward chain, providing an opportunity for purchasers seeking a straightforward transaction.
Please note that the owners are also actively seeking a tenant. Should a tenancy be agreed before a sale completes, the property's occupancy arrangements will need to be considered and agreed as part of the purchase.
Viewings, Offers & Buyer Verification
Arranging a Viewing
At Moss Properties, we aim to arrange viewings with genuine buyers who are in a position to proceed.
Before confirming a viewing, prospective purchasers will be asked about their buying position, including any property they need to sell and how they intend to fund their purchase.
Where appropriate, supporting documentation may be requested, including a mortgage agreement in principle or evidence of available funds.
All viewings are strictly by appointment through Moss Properties and subject to the seller's instructions and availability.
Making an Offer
All offers will be communicated to the seller in accordance with our legal obligations.
To assess a buyer's ability to proceed, we will request relevant information and supporting documentation relating to mortgage arrangements, deposit, proof of funds and any associated property sale.
Offers will be qualified, with financial verification undertaken where possible by Anita at Moss Mortgages.
Buyer Identification & Compliance
Purchasers will be required to complete appropriate electronic identity verification, sanctions screening, risk assessment and source-of-funds checks through our independent third-party provider.
Moss Properties currently advises a charge of £75 including VAT per purchaser for its buyer verification service, with full details and applicable terms provided separately.
Solicitors & Conveyancing
Moss Properties can assist buyers with obtaining competitive quotations for solicitors and conveyancing services.
Purchasers are under no obligation to use any recommended provider and remain free to instruct their own legal representative.
Arrange Your Viewing
Whether you're searching for your first home, looking to downsize or considering an addition to your investment portfolio, 8 Sheraton Court offers a combination of practical accommodation, an accessible asking price and attractive rental history.
Contact Moss Properties today to discuss the apartment, its current availability and the arrangements for viewing.
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