Book a Viewing
To book a viewing for this property, please call Northgate - County Durham, on 01325 728333.
To book a viewing for this property, please call Northgate - County Durham, on 01325 728333.
5 Bedroom Mid-Terraced House, High Northgate, Darlington, DL1
High Northgate, Darlington, DL1
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Northgate - County Durham
Northgate Estate Agents, Suite 3
Description
This property represents a fantastic investment opportunity with three self-contained apartments, all occupied by sitting tenants, providing an immediate income stream. Here’s why it stands out:
Steady Rental Income: Generates a total of £1,255 per month (£15,060 annually) from tenants already in place.
Attractive Gross Yield: With an asking price of just £210,000, this property offers an impressive 7.17% gross rental yield, making it a high-performing investment.
Diverse Unit Mix: Includes two 1-bedroom flats and one spacious 3-bedroom flat, ensuring broad rental appeal.
Low Entry Risk: No void periods to worry about thanks to the sitting tenants, giving you instant returns from day one.
This is a ready-made investment opportunity with significant potential to grow rental income further, depending on market rates. Don’t miss the chance to secure this high-yielding, income-generating property!
Key Features
- Excellent Investment Opportunity
- 3 Apartments with Sitting Tenants
- Central Location
- Energy Performance Certificate: C, C, E
Property Details
- Property type: House
- Council Tax Band: A
Floorplans
Location
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By Northgate - County Durham