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 15%.
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.
Agents notes:
Northgate Conservation Area
Freehold
Council Tax Band A
Mains Electricity, water and sewerage.
Broadband (estimated speeds)
Standard 8 mbps
Superfast 80 mbps
Ultrafast 1000 mbps
Cable/Satellite TV available BT & Sky
Mobile phone coverage by major networks.
Official flood risk-Rivers and seas-no risk, surface water-low.
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