High Northgate, Darlington, DL1
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
3
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Excellent Investment Opportunity
- 3 Apartments with Sitting Tenants
- Central Location
- Energy Performance Certificate: C, C, E
Description
This property represents a fantastic investment opportunity with three self-contained apartments, all occupied by sitting tenants, providing an immediate income stream. Here’s why it stands out:
Steady Rental Income: Generates a total of £1,255 per month (£15,060 annually) from tenants already in place.
Attractive Gross Yield: With an asking price of just £210,000, this property offers an impressive 7.17% gross rental yield, making it a high-performing investment.
Diverse Unit Mix: Includes two 1-bedroom flats and one spacious 3-bedroom flat, ensuring broad rental appeal.
Low Entry Risk: No void periods to worry about thanks to the sitting tenants, giving you instant returns from day one.
This is a ready-made investment opportunity with significant potential to grow rental income further, depending on market rates. Don’t miss the chance to secure this high-yielding, income-generating property!
Brochures
Property Brochure- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: A
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
High Northgate, Darlington, DL1
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About Northgate Estate Agents & Property Management, Newton Aycliffe
Avenue House, Suite 3, Greenwell, Newton Aycliffe DL5 4DHYour mortgage
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Visit our security centre to find out moreDisclaimer - Property reference f90f9752-7013-4b44-ab5d-bfc6797a8804. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Northgate Estate Agents & Property Management, Newton Aycliffe. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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