Tenure: Freehold

North Lodge Terrace, Darlington

6 bedroom terraced house for sale

£180,000

Asking price

Description

  • Ideal investment opportunity
  • Substantial Town House
  • Currently used as HMO Licenced until 2023
  • Close to the Town Centre, overlooking North Lodge Park
  • Conservation Area
  • Has generated £23,400 per annum equating to 12% yield
This is an ideal opportunity for the property investor.

The property has 6 letting bedrooms, it is licensed as an HMO (House of Multiple Occupancy) and has recently generated an income of £23,400 per annum when fully occupied. So providing a very healthy rental yield of 13%.

The property is very conveniently located close to Darlington Town Centre overlooking North Lodge Park and close to a very good range of local shops and amenities.

COUNCIL TAX BAND; A

Floorplan

Sorry, no floor plans for this property yet!

Location

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