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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
- *Investment Opportunity* This well-positioned 3-bedroom terraced house in Darlington offers a gross yield of 6
- Currently tenanted at £725 p/m, with potential to achieve £800 p/m, the property provides reliable rental income and presents a strong return for investors looking for stable cash flow
- The house features average condition but offers excellent rental potential
- 87% Current rent of £725 p/m, with potential rent of £800 p/m SAT contracts with a 12-month term Average condition, ideal for long-term tenants Located in a desirable and well-connected area This property offers an excellent yield, with a reliable tenant in place
- With potential for rent increases
- INVESTMENT OPPORTUNITY
Description
This 3-bedroom terraced house in Darlington presents an investment opportunity with a gross yield of 6.87% at an asking price of £126,000. Currently tenanted at £725 per month, with potential to increase to £800 per month, the property provides reliable rental income and a strong return for investors seeking stable cash flow. The house is in average condition, but its desirable location and good tenant demand make it an attractive option. With a 12-month term on the current SAT contract, investors can enjoy long-term rental security and potential for rent increases, making it an excellent choice for those looking for steady returns with minimal hassle.