4 Bed House For Sale Haughton Road, Darlington, DL1

£220,000

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Last Updated: 13th April 2024

Description

A truly outstanding INVESTMENT OPPORTUNITY. A fantastic opportunity has arisen to acquire a four bed roomed mid terraced period property occupying a pleasing position on Haughton Road in Darlington. The property has been granted the necessary consents to be converted into a HOUSE OF MULTIPLE OCCUPATION. We have been advised by our client that the property is currently generating an annual income of approximately £17532.00. The property has accommodation over four floors and in brief is comprised of an entrance hallway, a kitchen, living room and bedroom to the ground floor. To the first floor of the property there are three further double bedrooms and a bathroom. To the second floor there is an attic room which has potential to be converted in to a further bedroom subject to the necessary consents. To the basement of the property there is a games room and sitting room. There is potential for this area to be converted into a self contained apartment. This is a superb INVESTMENT OPPORTUNITY providing excellent rental yields we therefor recommend viewings at the earliest opportunity to avoid disappointment.
Agent Details
Denham Properties
69, Duke Street, Darlington, DL3 7SD
Show Contact Number
01325 356 399

Investment Analysis

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Calculators

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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.
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This is the potential achievable yield.
Potential Return-on-Cash Invested