Flat for sale in St. Cuthberts Place, Darlington, County Durham DL3

We are pleased to present this well-maintained 2-bedroom first-floor flat, offering an ideal investment opportunity with a reliable tenant in situ paying £500 per calendar month. Located in the desirable area of Darlington, this property is in excellent condition and provides a steady rental income from day one.

Key Features:

2 Bedrooms: Spacious and well-lit, offering comfortable living spaces for tenants.

Kitchen: Modern and fully equipped, perfect for everyday cooking and dining.

Bathroom: Clean and well-maintained, featuring essential amenities.

Lounge: Cozy and inviting, ideal for relaxation and entertaining.

First Floor: Conveniently located, offering privacy and security.

Tenant in Situ: Reliable tenant already in place, ensuring immediate rental income of £500 pcm.

Property Condition:

This flat is in excellent condition, reflecting the care and attention given by the current tenant. The interior is modern and well-kept, making it attractive for both tenants and investors.

Lease and Charges:

Lease: 999 years from 1983, with 958 years remaining.

Ground Rent: £10 per annum.

Service Charge: £1001 per year, last paid in March 2024.

Tenancy Agreement: New AST commenced on 23 April 2024, running until 22 October 2024. The tenant pays £500 per calendar month.

Location:

Situated in the sought-after area of Darlington, the property benefits from excellent local amenities, including shops, schools, and public transport links. The area is well-connected, making it convenient for commuting and accessing surrounding areas.

Investment Potential:

With a tenant in situ paying £500 pcm, this property offers a reliable and steady income stream. The well-maintained condition of the flat reduces potential maintenance costs, enhancing its appeal as a hassle-free investment.

Price:

Offered at an attractive price of £90,000, this property presents a great opportunity for investors looking to expand their portfolio with a dependable rental income.

Don't miss out on this fantastic investment opportunity. Contact us today to arrange a viewing and see for yourself the potential this wonderful flat has to offer.