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Branch Information

Darlington Branch
Blackwell Business Centre
Darlington
Co Durham
DL3 8QF

Tel: 01325 523756
Email: darlington@sillars.co.uk

Durham Branch
Portland House
Belmont Business Park
Durham
DH1 1TW

Tel: 0191 323 6652
Email: durham@sillars.co.uk

Sold STC

Major Street, Darlington, Darlington, DL3 6QG

£65,000Freehold

211
Map

Key Information

Tenure:Freehold
Council tax band:A
Broadband:up to 9000Mbps
Mobile signal:*Based on indoor data coverage
EEO2ThreeVodafone

Key Features

For Sale with Sitting Tenant
Excellent Investment Oppotunity
Popular Denes Location
Current Rental Income ÂŁ465 - Potential to Increase
Potential 8.5% Gross Yield

Description

Fantastic investment opportunity in bustling Denes area! Terraced house with sitting tenant generating ÂŁ465/month. Potential 8.5% gross yield. Reliable occupant in sought-after location. Ideal for seasoned or new investors. Arrange a viewing today!

Looking for a savvy investment opportunity in the heart of the bustling Denes area? Look no further! This gem of a property is up for grabs with a sitting tenant, making it a hassle-free addition to your investment portfolio.

Tucked away in the popular Denes location, this two-bedroom terraced house is currently generating a rental income of ÂŁ465, but the savvy investor in you will see the potential to increase that figure in no time. With a potential of an impressive 8.5% gross yield, this property promises a handsome return on your investment.

Whether you are a seasoned investor or dipping your toes into the property market for the first time, this fantastic opportunity is not to be missed. The property already has a reliable tenant, making it a stress-free addition to your investment portfolio. No need to worry about finding the right occupant – they are already there!

Boasting a cosy layout with two bedrooms, this terraced house is perfect for tenants looking for a comfortable and inviting space to call home. The property's location in the Denes neighbourhood adds to its appeal, being a sought-after area with a vibrant community and convenient access to local amenities.

With the rental income currently in place, all you need to do is sit back and watch your investment grow. And if you're feeling ambitious, there's great potential to further increase your returns by maximising the rental income on offer.

To truly appreciate the potential of this property, a viewing is highly recommended. Seeing is believing after all! Get in touch today to arrange a viewing and secure this excellent investment opportunity before it's snapped up by someone else.

Don't miss out on the chance to add this fantastic property to your investment portfolio. With its prime location, reliable rental income, and potential for growth, this two-bedroom terraced house is a lucrative opportunity waiting for the right investor. Reach out now and seize the opportunity to make this property yours!

Living Room 13' 7" x 12' 10" (4.13m x 3.90m)
Window to front, carpet flooring, radiator, fireplace.

Kitchen 8' 0" x 12' 10" (2.43m x 3.90m)
Fitted kitchen with a range of wall and base units, woof effect laminate flooring, window, radiator.

Bedroom One 9' 4" x 11' 7" (2.85m x 3.53m)
Located to the front aspect, window to front, carpet, radiator.

Bathroom
Bath with shower over, basin, low level WC. Vinyl flooring, window to rear.

Bedroom Two 11' 2" x 6' 6" (3.40m x 1.98m)
Window to rear, carpet, radiator.

Arrange Viewing

Reid Street Primary School
(0.19 miles)
Good
Number of pupils: 381
Age Range: 4 - 11
Corporation Road Community Primary School
(0.41 miles)
Requires Improvement
Number of pupils: 257
Age Range: 3 - 11
Rise Carr College
(0.51 miles)
Good
Number of pupils: 26
Age Range: 11 - 16
Holy Family RC Primary School
(0.58 miles)
Good
Number of pupils: 197
Age Range: 4 - 11
Northwood Primary School
(0.7 miles)
Good
Number of pupils: 356
Age Range: 3 - 11
St Mary's Cockerton Church of England Primary School
(0.76 miles)
Number of pupils: 198
Age Range: 5 - 11
Abbey Junior School
(0.91 miles)
Good
Number of pupils: 353
Age Range: 7 - 11
Longfield Academy
(0.95 miles)
Number of pupils: 884
Age Range: 11 - 16
Gurney Pease Academy
(0.96 miles)
Good
Number of pupils: 220
Age Range: 2 - 11
Harrowgate Hill Primary School
(0.98 miles)
Requires Improvement
Number of pupils: 596
Age Range: 3 - 11

Payment Calculator

Mortgage

Estimated Monthly Mortgage Payment:
ÂŁ342 /mo.25 Years, 5% Interest
Loan
ÂŁ58,500
Total Repay
ÂŁ102,596

Stamp Duty

You’ll have to pay the stamp duty of:
ÂŁ0
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