Iconic Residential Conversion – Doncaster

Doncaster

SOLD OUT

• Flagship conversion of an iconic landmark building in the center of Doncaster
• Grade II listed Art Deco building
• 78 one, two and three bedroom apartments
• Sunrooms with most apartments
• On site concierge service & resident’s cinema
• Rental returns at 8.5% gross

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Property Overview

We're delighted to present a dazzling conversion of an art deco grade 2 listed former department store in the center of Doncaster.

This development puts the emphasis firmly on quality - ensuring the strongest possible appeal to affluent tenants.

For example, full concierge services will be available, providing an exclusive range of business and lifestyle services for young upwardly mobile

Boasting a rooftop cinema built in the iconic style of the Art Deco era, the development will have immediate visual impact. It will retain its original 1930s features but the individual apartments will be built to the very latest standards. Designed for open plan living, they will make the most of natural daylight with floor-to-ceiling windows many with private interior balconies.

The building will also combine roof mounted solar panels with a super-efficient water heating system - resulting in a minimal carbon footprint and significant energy savings for tenants.

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Buy to let mortgages available

8.5% gross rental yields

Fully managed – armchair investment

Location Overview

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Doncaster at a Glance

Location:
South Yorkshire, England

Population:
303,000

Economy:
£4.94 billion

Airport:
Doncaster Sheffield International Airport
(5km from Doncaster)

Key Employment Sectors No. Jobs
Retail 14,000
Manufacturing 10,000
Financial / Business Services 9,000
Leisure and Tourism 9,000
Construction 7,000
Logistics & Transport 6,500
Low Carbon Energy 5,000 by 2023
Digital Industries 2,000


Logistics – Major Employers

  • Amazon.com
  • B&Q
  • DFS UK
  • Faberge
  • Ikea
  • Next
  • Tesco

New Infrastructure Improvements

  • The Great Yorkshire Way, Phase 1:
    a £56 million scheme, linking the airport, the iPort and key industrial development zones such as Torne Park. (Opened February 2016.)
  • The Great Yorkshire Way, Phase 2:
    a £10.5 million extension project, linking Doncaster Sheffield Airport to the M18, White Rose Way and the site of the new National College for High Speed Rail. (Planning consent given September 2016.)
  • iPort:
    a £400 million rail freight interchange. (Now under construction.)

 

Key Facts

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Key Facts – The Development

  • A landmark building with a prime position in Doncaster town centre
  • A Grade II listed building designed in the Art Deco style
  • Now being converted by Empire Property Concepts
  • 78 top quality apartments to be created on four storeys
  • A mix of highly marketable 1, 2 and 3-bedroom properties
  • Building will feature a concierge and roof-top cinema
  • Completion date Q2 2018

Key Facts – The Investment

  • Gross rental yields of 8.5%
  • Reserve with a payment of only 5%
  • Excellent capital appreciation potential
  • Massive demand for attractive town-centre accommodation
  • Set in an area of fast-rising inward investment

Key Facts – Doncaster

  • Largest historic market town in the North of England
  • A £300 million town centre redevelopment scheme now in progress
  • A major UK logistics hub with excellent transport links
  • Home to three multi-million pound Amazon.com distribution centres
  • Served by the newly built ‘Great Yorkshire Way’ highway
  • Soon to benefit from additional High Speed Rail links
  • Receiving ‘Northern Powerhouse’ funding
  • A key element of the Sheffield City Region economy
  • A hugely successful £28 billion growth plan in progress
  • Growth plan to create 70,000 new jobs and 6,000 new businesses

 

Development Overview

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The scale of inward investment in Doncaster and its immediate surrounds will inevitably mean a boost to the local economy and a substantial increase in jobs. Given the strategic focus on supporting higher value industries, the need for skilled, professional workers is set to sky rocket – and this in a town where rental demand is already exceptionally high.

The developer, Empire Property Concepts and ES1, are highly experienced in conversions schemes such as this and has an enviable record of creating highly sought-after town and city centre accommodation. It specialises in breathing new life into iconic buildings and making them the centre of new and desirable communities.

Working based on rigorous market research, Empire Property Concepts has produced a design that puts the emphasis firmly on quality – thereby ensuring the strongest possible appeal to affluent tenants. For example, full concierge services will be available, providing an exclusive range of business and lifestyle services for young upwardly mobile professionals.

Boasting a rooftop cinema built in the iconic style of the Art Deco era, the scheme will have immediate visual impact. It will retain its original 1930s features but the individual apartments will be built to the very latest standards.  Designed for open plan living, they will make the most of natural daylight with floor-to-ceiling windows and private interior balconies.

Key Features

  • A prime town centre location
  • A prestigious landmark building
  • A top-quality conversion scheme
  • 1, 2 and 3 bedroom properties available
  • Aimed at the profitable professional market
  • Exceptional rental demand
  • Demand set to rise further in the coming years
  • Cinema exclusively available to residents and guests

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