3 bedroom

Craddock Street, Spennymore, Darlington, DL16 7TB

Size: 72 sqm

Purchase price

£60,000

Size: 72 sqm

Finance breakdown
Financial performance*
Gross rent £4,800
Lettings fees £384
Net income £4,416
Gross yield 8%
Net yield 7.36%

EXCELLENT INVESTMENT OPPORTUNITY WITH POTENTIAL YIELD OF 7.36% NET! This wonderful three bedroom mid terrace is just minutes from Darlington town centre, enquire today to avoid disappointment.


EXCELLENT INVESTMENT OPPORTUNITY WITH POTENTIAL YIELD OF 7.36% NET! This wonderful three bedroom mid terrace is just minutes from Darlington town centre, enquire today to avoid disappointment.

This wonderful two bedroom mid terrace comprises of; entrance hallway leading to a spacious lounge and double glazed window to the front; fully fitted kitchen with all appliances included; access to the rear yard; staircase leading to the first of the double bedrooms; three piece family bathroom with shower over bath; a second double bedroom with double glazed window to the rear.

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. UK retail company Argos have their largest warehouse distribution centre in the North of England located in Darlington, within Faverdale Industrial Estate to the North West of the town. Other large service sector companies with offices in the town include Darlington Building Society, Bannatyne Fitness Ltd and the national vehicle rental company Northgate, which is headquartered in the town; also within the Morton Park area. As well as the large engineering sites based in the town, Darlington is also home to many businesses within the modern and developing industries including Information Technology.

Inquire Today!

Interested in this property? Enquire today for more information

Key features

Key features

Excellent investment opportunity

Key features

Suitable for owner occupiers

Key features

Three bedroom mid terrace

Key features

Freehold

Key features

Double glazed

Key features

On street parking

Key features

Excellent location

Key features

Great transport links

Key features

Shops and amenities nearby

Key features

Freehold

EXCELLENT INVESTMENT OPPORTUNITY WITH POTENTIAL YIELD OF 7.36% NET! This wonderful three bedroom mid terrace is just minutes from Darlington town centre, enquire today to avoid disappointment. More info...

EXCELLENT INVESTMENT OPPORTUNITY WITH POTENTIAL YIELD OF 7.36% NET! This wonderful three bedroom mid terrace is just minutes from Darlington town centre, enquire today to avoid disappointment.

This wonderful two bedroom mid terrace comprises of; entrance hallway leading to a spacious lounge and double glazed window to the front; fully fitted kitchen with all appliances included; access to the rear yard; staircase leading to the first of the double bedrooms; three piece family bathroom with shower over bath; a second double bedroom with double glazed window to the rear.

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. UK retail company Argos have their largest warehouse distribution centre in the North of England located in Darlington, within Faverdale Industrial Estate to the North West of the town. Other large service sector companies with offices in the town include Darlington Building Society, Bannatyne Fitness Ltd and the national vehicle rental company Northgate, which is headquartered in the town; also within the Morton Park area. As well as the large engineering sites based in the town, Darlington is also home to many businesses within the modern and developing industries including Information Technology.

Inquire Today!

  • Key features
    Tick Desktop Excellent investment opportunity
    Tick Desktop Suitable for owner occupiers
    Tick Desktop Three bedroom mid terrace
    Tick Desktop Freehold
    Tick Desktop Double glazed
    Tick Desktop On street parking
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops and amenities nearby
    Key features

    Freehold

  • LocationLocation
  • EPCEPC

*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 £4,800
Lettings fees £384
Net income £4,416
Gross yield 8%
Net yield 7.36%

*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.