5 bedroom terraced house for sale

>

5 bedroom terraced house for sale

High Northgate, Darlington DL1
£210,000

Our Summary

  • 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:
  • This is a ready-made investment opportunity with significant potential to grow rental income further, depending on market rates
  • Excellent Investment Opportunity

Description

This property presents a fantastic investment opportunity, offering a steady rental income of £1,255 per month (£15,060 annually) from three self-contained apartments, all currently occupied by sitting tenants. The property boasts an attractive gross yield of 7.17%, making it a high-performing investment, and its diverse unit mix of two 1-bedroom flats and one 3-bedroom flat ensures broad rental appeal. With no void periods to worry about, this property offers low entry risk, providing instant returns from day one. As a ready-made investment opportunity, it has significant potential to grow rental income further, depending on market rates, making it a great chance to secure a high-yielding, income-generating property.