06 January, 2015
20 Prince’s Cresent in Doncaster, South Yorkshire is going to auction on the 29th January at just £12,000 making it one of the UK’s Cheapest properties. With average house prices in London for a similar house being £550,000+ this home can be picked up for just 2% of its London cousin.
With similar homes in the area up for £40,000 + and prices up around 4% in the last 12 months, it’s enough to make investors feel confident.
Although boarded up and looking pretty sorry for itself, in fact the property is in reasonable condition and just requires minor decoration to get it into a liveable state. Doncaster has a population of around 300,000 and rents for houses like this are around £400 - £500 per month with no shortage of takers say local agents.
Doncaster itself is an historic area with numerous Roman sites and some stunning Medieval architecture, including the 12th Century Conisbrough Castle, now open to the public.
Famous sons include Jeremy Clarkson, Brian Blessed, Kevin Keegan and, more recently, Louis Tomlinson from the upcoming band called One Direction!
To see the full details of the property CLICK HERE.
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