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No longer on the market

This property is no longer on the market

6 bedroom terraced house

Sold STC
Terraced house
6 beds
2 baths
2,238 sq ft / 208 sq m
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxBand A
BroadbandUltra-fast 1000Mbps *
Mobile signal
EEO2ThreeVodafone

Features and description

  • Tenure: Freehold
  • Ideal investment opportunity
  • Substantial Town House
  • Conservation Area
  • Currently used as HMO Licenced until 2023
  • Close to the Town Centre
  • Has generated £26,520 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 £25,520 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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About this agent

J W Wood Estate Agents - Darlington
J W Wood Estate Agents - Darlington
6 Duke Street Darlington DL3 7AA
01325 617860
Full profileProperty listings
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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