Terraced house for sale in Corporation Road, Darlington DL3

Prime Investment Opportunity for Savvy Landlords!
Discover a lucrative investment with this fully tenanted 4-bedroom HMO, generating a reliable rental income. This mid-terrace property in central Darlington features:

4 Bedrooms: 2 doubles and 2 singles
2 Modern Shower Rooms
Spacious Shared Lounge
Contemporary, Fully Equipped Kitchen
Key Features:

No Onward Chain: Streamline your purchase process and start earning immediately.

Central Location: Positioned on Corporation Road, a prime spot close to the town centre, shops, and essential amenities. Excellent connectivity with easy access to the A1(M) and superb local transport links.

Steady Rental Income: Currently generating £1585 per month with individual room rents of £400, £420, £365, and £400. Flexible tenancy agreements provide stability and potential for future rent adjustments.

Thriving Area: Darlington's economy is on the rise, bolstered by the opening of hm Treasury's northern office in 2021. This influx of professionals enhances the demand for quality rental properties, particularly HMOs.

Property Breakdown:

Kitchen (2.28m x 4.51m): Stylish and functional, with ample storage, electric hob and oven, washing machine, tumble dryer, microwave, and two fridge freezers. Gas safety-certified boiler.

Rear Garden: Enclosed yard with a seating area and a garage-style door opening to the rear alley.

Bathroom (2.18m x 2.45m): Spacious with a WC, basin, two towel radiators, and a large rainfall shower. Double glazed windows and an extractor fan.

Entrance Hall: Welcoming entrance with tiled flooring, LED lighting, radiator, and emergency lights. Access to Bedroom 1, Living Room, and stairs to other rooms.

Living Room (3.81m x 3.72m): Comfortable communal space with laminate flooring, a double sofa, armchair, dining table, and wall-mounted TV. Central heating control located here.

Second Shower Room (1.27m x 1.74m): Additional bathroom with a square shower enclosure, electric shower, basin, towel radiator, and WC.

Bedrooms:

Bedroom 1 (3.66m x 3.66m): Spacious ground-floor double room with bay window, GCH radiator, double bed, bedside cabinet, and two wardrobes.
Bedroom 2 (2.99m x 3.75m): First-floor double room facing the rear, with carpet, LED lighting, double bed, wardrobe, and bedside cabinets.
Bedroom 3 (2.33m x 2.72m): Cozy single room with laminate flooring, wall-mounted TV, single bed, chest of drawers, and fitted wardrobe.
Bedroom 4 (2.48m x 3.71m): Larger single room with laminate flooring, single bed, desk, chest of drawers, and wardrobe.

Seize this exceptional investment opportunity in a growing area. Contact us today to arrange a viewing and add this high-yielding property to your portfolio!

Rental Income: £1585 per month
Council Tax Band: A
EPC Rating: D

Disclaimer

Whilst we make enquiries with the Seller to ensure the information provided is accurate, Yopa makes no representations or warranties of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact. All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position. Please inform us if you become aware of any information being inaccurate.

Money Laundering Regulations

Should a purchaser(s) have an offer accepted on a property marketed by Yopa, they will need to undertake an identification check and asked to provide information on the source and proof of funds. This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement. We use a specialist third party service together with an in-house compliance team to verify your information. The cost of these checks is £70 +VAT per purchase, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable under any circumstances.