2 Bed Terraced House For Sale Victoria Road, Darlington, DL1

£165,000- Terraced

1 of 2
  • Description
  • Floor Plan
  • Street View
  • Maps
Last Updated: 17th March 2024

Description

This is an ideal investment opportunity, currently an occupied commercial unit with a large maisonette above the property offers a good investment opportunity to generate a healthy rental income as it stands or could be ideal for conversion to an HMO (House of Multiple Occupancy) subject to the granting of an appropriate license.

In brief the property currently comprises on the ground floor (commercial unit) two rooms used as a shop, a store room, a workshop and a w.c., there is also a useful cellar. the apartment which is very good is a maisonette spread across two floors comprising; 17 ft open plan lounge/kitcen, this could easily be re-instated as two separate rooms, two good size bedrooms, a bathroom and a separate w.c. To the second floor there is a landing and another good size bedroom.

Victoria Road is centrally located in the Town centre close to a very good range of shopping and recreational facilities and amenities and just a few yard from Darlington railway station.

COUNCIL TAX BAND: A
Agent Details
J W Wood
6, Duke Street, Darlington, DL3 7AA
Show Contact Number
01325 485 151

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 2 bedroom property. See more properties like this.

£68,000
Darlington, DL1
Apartment
9.4
£75,000
Darlington, DL1
Flat
9
£85,000
Darlington, DL3
Terraced
9
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested