New, luxury apartments in stunning Art Deco building
In the Northern Powerhouse
Danum House is a stylish conversion of a Grade II listed department store into a luxurious collection of high-spec apartments in the heart of Doncaster. The iconic building is centrally located opposite the Frenchgate Shopping Centre and is within a two-minute walk of Doncaster train station.
The development comprises 78 spacious 1, 2 and 3 bedroom apartments, designed to serve the modern living requirements of the expanding population of young professionals living in the town.
Investors will receive a fixed return of 7% of the purchase price per annum for 5 years, which is expected to increase from year 5 onwards.
Prices start at just £83,000 and mortgage finance is available for those who qualify, meaning that an investment of just under £25,000 can secure you an iconic unit in the heart of the city centre.
Construction is well underway, with the project due for completion in the next six months.
- One bedroom apartments from £83,000
- Yields of 7% p.a. assured for 5 years
- Walking distance to station and all local amenities
- Department store conversion in art deco style
- Due for completion in Q2 2018
Thanks to its strategic location and excellent transport links, Doncaster has seen an influx of big-name employers over the past five years - Amazon, Tesco, Boeing, McClaren Automotive and NEXT - to name just a few.
Located within the Sheffield City Region, Doncaster is at the crossroads of the M1, M18, M62 and A1 motorways, as well as being a major rail hub, servicing Sheffield (20 minutes), London (90 minutes), Manchester, Edinburgh, Newcastle and Leeds. It is also home to Doncaster Sheffield Airport which connects Doncaster with more than 40 international destinations.
The growth of the local economy and the increase in jobs has driven Doncaster’s increasingly strong rental demand, with Home.co.uk figures showing that Doncaster has the fastest growing rental rates in UK over the past year, at 14.4%.
Doncaster should be high on any investor’s list of target locations because the market has strong fundamentals and solid forecasts, yet remains at the start of its growth cycle. This growth will be further driven by the £380 million in redevelopment funding it is receiving from the government, Virgin Trains and The National College of High Speed Rail.
Invest from £83,000
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