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3 bedroom semi-detached house for sale
Berkeley Road, Darlington, County Durham, DL1
£126,000
Berkeley Road, Darlington, County Durham, DL1
£126,000
Our Summary
- 33% yield *Property Overview:* Discover the investment potential of this 3-bedroom, 1-bathroom property, perfectly positioned in a highly sought-after area
- With a bit of TLC, this property can be transformed into a highly desirable rental, promising significant returns
- Don't miss the chance to invest in a property with exceptional potential in a prime setting *Key Features:* - Double Glazed Windows - Modern Appliances - Ample Storage - Contemporary Bathroom with Bath, Sink, and WC This is a fantastic investment opportunity to add this 3 bed tenanted property to your portfolio
Description
This 3-bedroom, 1-bathroom property is a savvy investor's dream, offering a current rental income of £8,700 per year at a yield of 6.9%, with potential for an increased rent of £9,240 per year at a yield of 7.33%. Located in a highly sought-after area, the property boasts a spacious lounge/kitchen area and modern bathrooms, providing an excellent opportunity for enhancement and value addition. With double glazed windows, modern appliances, ample storage, and a contemporary bathroom, the property is ready for tenants seeking convenience and connectivity. With a bit of TLC, this property can be transformed into a highly desirable rental, promising significant returns.