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Station Road, Darlington, DL3

PROPERTY TYPE

Terraced

BEDROOMS

5

BATHROOMS

2

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • Ideal investment opportunity
  • Substantial Town House
  • Conservation Area
  • Currently used as HMO Licenced until 2023
  • Close to the Town Centre
  • Has generated £20,800 per annum equating to 12% yield

Description

This is an ideal opportunity for the property investor.

The property has 5 letting bedrooms, it is licensed as an HMO (House of Multiple Occupancy) and has recently generated an income of £20,800 per annum when fully occupied. So providing a very healthy rental yield of 12%.

The property is very conveniently located close to Darlington Town Centre and it is earmarked for considerable development and investment under "The Heritage Quarter" redevelopment scheme.

COUNCIL TAX BAND: A

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Web Details

Energy performance certificate - not provided

Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.

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Station Road, Darlington, DL3

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • North Road Station0.1 miles
  • Darlington Station1.0 miles
  • Dinsdale Station3.8 miles
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About the agent

J W Wood, Darlington

6 Duke Street, Darlington, DL3 7AA

J W Wood, Darlington

JW Wood has been serving County Durham since 1910, as an independent firm of estate agents and surveyors. We offer comprehensive services on all property matterse to people who are looking for a home in an area covered by our six branches which are located at key locations throughout the North East.

We are committed to innovation, using modern technology, backed by professional, highly trained and motivated staff, to provide the very best service.

All new clients who instrut us wi

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Industry affiliations

Ombudsman for REsale Estate Agents (no OFT logo)

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Disclaimer - Property reference DAR220474. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by J W Wood, Darlington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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