No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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5 bedroom terraced house

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Terraced house
5 bed
2 bath
EPC rating: E*
1,603 sq ft / 149 sq m

Key information

Tenure: Freehold
Council tax: Band C
Broadband: Ultra-fast 9000Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
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Property description & features

  • Tenure: Freehold
  • HMO (House of Multiple Occupancy) licence to June 2023
  • 5 Bed/sitting rooms
  • Each Bed/sitting room has been let for £80 per week
  • Healthy potential rental yield
  • Very convenient central location
This is an ideal opportunity for the property investor. The property has the potential to have 5 letting bedrooms and could be let as an HMO (House of Multiple Occupancy) and it is licenced until June 2023.

Each bedroom has previously been let for £80.00 per week which would generate an income of £20,800 at full occupancy, this equates to a potential yield of 10.45% at the full asking price.

The accommodation briefly comprises on the ground floor; entrance lobby, entrance hallway, bed/sitting room 1 with bay window, bed/sitting room 2, kitchen, shower room/w.c., and a utility room. To the first floor there are a further two bed/sitting rooms, a kitchen and a shower room/w.c. To the second floor thee is a fifth bed/sitting room. There is also a useful cellar.

Victoria Road is centrally located close to the railway station, it has recently undergone a regeneration scheme which has seen significant improvement with further improvement and redevelopment earmarked for the near future which includes significant work to the railway station and the surrounding area.

COUNCIL TAX BAND: C

Places of interest

    JW Wood are award winning independent Estate Agents who have been serving County Durham for over 100 years. With six offices across the county, our expert professional staff are on hand to help with any of your property needs. We offer a comprehensive service in all property matters, including Sales, Lettings, Auctions, Commercial properties, Professional Surveys & Valuations, Conveyancing, Independent Mortgages, Relocation Services and Removals. Whatever your property needs, JW Wood have the knowledge and experience to meet your requirements. We continuously improve, invest and innovate to offer our customers the best possible service from a modern estate agency. We are a traditional a family based company founded in 1910 but we take a very modern approach to our business using cutting edge technology backed up by experienced, well trained staff. Our residential sales team in our Durham Office alone have over 200 years combined experience between them! Regulated by the Royal Institution of Charted Surveyors we are dedicated to highest standards in customer service, and we are delighted that many of our clients return to us, or recommend us to their friends, as a result of the service they received. We aim to be Number one in County Durham and Darlington and recently were awarded North East Agent of the year 2014 by Relocation Agent Network. 

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    *DISCLAIMER

    Property reference DAR210567. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by J W Wood Estate Agents - Darlington.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed: obtained from Ofcom on December 18, 2021

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength: obtained from Ofcom on January 6, 2022

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area: obtained on June 12, 2018 from 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.

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.