Built in the 1930s, Danum House is a landmark building set in the heart of Doncaster. Located opposite the bustling Frenchgate Shopping Centre it occupies a prime position at the junction between Duke Street and St Sepulchre Gate.
For residents, the scheme will provide modern and luxurious town centre accommodation close to all local amenities. Doncaster railway station lies less than 200 metres distant, so it will also afford an ideal base for commuting.
For investors, Danum House offers a rare opportunity to acquire outstanding, highly marketable rental properties at very attractive pre-market rates. Apartments can be purchased with a choice of payment terms and have the benefit of a 7% per year assured gross yield for 5 years.
Now the subject of a major redevelopment by Empire Property Concepts, this historic Grade II listed building is undergoing a transformation.
On the first to the fourth floors, the developer is creating 78 top quality apartments, comprising a mix of 1, 2 and 3 bedroom properties. Work is expected to finish in the second quarter of 2018.
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.
Boasting a rooftop cinema built in the iconic style of the Art Deco era, Danum House 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. 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.
As Doncaster is set to benefit from the government’s new £15 million Northern Cultural Regeneration Fund, the town is extending its cultural offering to investors. The major renovation of historical landmark Danum House is among one of these inspirational projects aimed to boost the Northern Powerhouse.
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