2 bedroom terraced house

Charles Street, Darlington DL1 2HU

Size: 108 sqm

Purchase price

£50,000

Size: 108 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £5,160
Lettings fees £480
Net income £4,680
Gross yield 10.32%
Net yield 9.36%

This well proportioned 2 bedroom mid terraced property is ideal for investors, enquire today to avoid missing out!


Upon entering this property, you are welcomed into a good-sized living room with a large window that allows natural light to flood in. Towards the rear of the property there is a dining room which flows invitingly into the well-maintained kitchen. Off the back of the kitchen is the larger of the 2 bathrooms. The ground floor is completed by a large walled yard to the back which allows access to the footpath, ideal for anyone owning a bike or a pair of muddy boots.

The first floor comprises of 2 large double bedrooms and a further bathroom off the back bedroom. There is development potential here too with many properties in the immediate vicinity having extended into the loft to add a further bedroom. As the property is to be sold with sitting tenants there is scope to earn an instant return on your investment here and own a low maintenance property situated a stone’s throw away from shops and transport links.

EE are the largest private sector employers in the town, hiring 2,500 people. Another major employer in the area is the English division of the Student Loans Company, Student Finance England, who are based at Lingfield Point and employ over 1,000 people. Nevertheless, there are major engineering sites, with both Cleveland Bridge and the industrial arm of AMEC headquartered in the town.

Enquire today to avoid missing out!

Interested in this property? Enquire today for more information

Key features

Key features

Rented

Key features

Freehold

Key features

2 Bathrooms

Key features

Close to Local Amenities

Key features

Centrally Heated

Key features

Transport Links

Key features

Double Glazed

Key features

Freehold

This well proportioned 2 bedroom mid terraced property is ideal for investors, enquire today to avoid missing out! More info...

Upon entering this property, you are welcomed into a good-sized living room with a large window that allows natural light to flood in. Towards the rear of the property there is a dining room which flows invitingly into the well-maintained kitchen. Off the back of the kitchen is the larger of the 2 bathrooms. The ground floor is completed by a large walled yard to the back which allows access to the footpath, ideal for anyone owning a bike or a pair of muddy boots.

The first floor comprises of 2 large double bedrooms and a further bathroom off the back bedroom. There is development potential here too with many properties in the immediate vicinity having extended into the loft to add a further bedroom. As the property is to be sold with sitting tenants there is scope to earn an instant return on your investment here and own a low maintenance property situated a stone’s throw away from shops and transport links.

EE are the largest private sector employers in the town, hiring 2,500 people. Another major employer in the area is the English division of the Student Loans Company, Student Finance England, who are based at Lingfield Point and employ over 1,000 people. Nevertheless, there are major engineering sites, with both Cleveland Bridge and the industrial arm of AMEC headquartered in the town.

Enquire today to avoid missing out!


*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £5,160
Lettings fees £480
Net income £4,680
Gross yield 10.32%
Net yield 9.36%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.