High Northgate, Darlington, DL1

Offers in region of

£210,000

Arrange a Viewing

5 Bedroom Terraced House for sale in Darlington

3 5 3

Excellent Investment Opportunity
3 Apartments with Sitting Tenants
Central Location
Energy Performance Certificate: C, C, E

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!

Important Information

This is a Freehold property.
This Council Tax band for this property is: A

Property Ref: 480cfe82-e8e0-4576-897d-afa38edda0ca

Share:

Similar Properties

Clover Court, Newton Aycliffe, DL5

3 Bedroom Detached House | £210,000

Aylmer Grove, Newton Aycliffe, DL5

3 Bedroom Detached Bungalow | £200,000

Meadow Dale, Chilton, DL17

4 Bedroom Detached House | £200,000

Conan Drive, Richmond, DL10

2 Bedroom Semi-Detached House | Offers in region of £215,000

High Barn Road, School Aycliffe, DL5

2 Bedroom Detached Bungalow | £215,000

Stag Lane, Newton Aycliffe, DL5

3 Bedroom Detached House | Offers Over £220,000

How much is your home worth?

Use our short form to request a valuation of your property.

Request a Valuation

Mortgage Calculator

Purchase Price (£)

Deposit Amount (£)

Interest Rate (%)

Mortgage Period (Yr)

Amount Borrowed: £

Total Amount Repayable: £

Total Monthly Payment: £

The Guild of Property Professionals Trading Address: 121 Park Lane, London W1K 7AG. GPEA Limited. Registered in England & Wales. Company No: 02819824. Registered Office Address: 2 St. Stephen's Court, St. Stephen's Road, Bournemouth, Dorset, England, BH2 6LA. VAT Registration No: 576 8795 61