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 a historical landmark, Danum House, is among one of these inspirational projects aimed to boost the Northern Powerhouse. Housed in a five-floor art deco building in the heart of Doncaster town centre, Danum House – also known as Duke Street – is being turned into a stylish residential building with open plan apartments, complete with rooftop cinema and concierge service.
Built in the 1930’s, originally as a department store, the Grade II listed building, which boats 29,950 square feet of space, sits in an imposing corner location at the other end of popular Frenchgate Shopping Centre, where its distinctive V-plan layout and bold curved angles form a striking landmark. It gained its Grade II-listed status in 1997 but the premises began to fall into despair after the closure of TJ Hughes department store.
An impressive example
Designed by T.H Johnson & Son, the building is an impressive example of the art deco style of architecture. This iconic building needed a new lease of life to save its great character from the scrap heap. Developer Empire Property Concepts acquired permission in August 2016 to convert its upper storey into 78 luxurious Art-Deco flats. Their transformation is unique as it breathes fresh life to the historical features of the building.
Jeffrey Taylor, who is the developer partner, commented: “The redevelopment of Danum House has fulfilled an empty historical landmark within the town centre and is helping towards the regeneration of Doncaster and the surrounding areas along with the power house of south Yorkshire. The new building will be particularly appealing to those with a feeling for Art Deco flair looking to live in Doncaster as it will provide a high standard of town centre accommodation.”
Everything about the Art Deco look of Danum House – the Vitrolite tile cladding, glazed central rounded staircase and bronzed metal frame windows – will be retained in the revamp of the building, giving its admirers and art aficionados the chance to live there.
Designed for open plan living, the new homes will make the most of natural daylight with floor-to-ceiling windows and private interior balconies. Not only will the new flats combine classic period touches with contemporary comfort but they will be extremely spacious. For example, the smallest apartment in this development is 465 sq. ft. – the size of some two-bedroom apartments in London or Manchester.
Investors can purchase these 1-, 2- and 3-bedroom apartments through Properties of the World from just £83,000 and the benefit of a 5.7% Net assured return for five years. Work will be completed in March 2018.
Jean Liggett, CEO, Properties of the World, commented: “Doncaster could soon be seeing average values rising at similar rates to those in Manchester. Prices in the town are extremely low, so for those who invest early, rental yields are likely to be substantially stronger”
For more information, visit www.propertiesoftheworld.co.uk/