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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.

For Sale
£210,000 Offers in Region of

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
Please note, property and plot sizes displayed are for guidance purposes only and may have been derived from publicly available information over which neither the agent nor Street.co.uk have control.

Floorplans

Location

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By Northgate - County Durham

Disclaimer - Property ID 480cfe82-e8e0-4576-897d-afa38edda0ca. The information displayed about this property comprises a property advertisement. Street.co.uk and Northgate - County Durham makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.