74 Pendower Street, Darlington, County Durham DL3 6ND
- PROPERTY TYPE
Terraced
- BEDROOMS
5
- BATHROOMS
5
- 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
Description
Auction Commencing on Monday 29th June from 1pm and ending 24 hours later on Tuesday 30th June from 11am with Auction House North East
Please register to bid via our website - auctionhouse.co.uk/northeast
NEWLY REFURBED 5 BED 5 BATH HMO - FULLY LET!
An exceptional investment opportunity to acquire this fully refurbed five bedroom property, with each bedroom benefiting from its own private en-suite bathroom and communal kitchen area. The accommodation is arranged to provide spacious and practical living, making it ideally suited for use as a House in Multiple Occupation (HMO), serviced accommodation, or a high yield rental investment, subject to any necessary consents. The property offers generous living space throughout and presents an attractive proposition for investors seeking strong rental demand and income potential.
Situated on Pendower Street in Darlington, the property occupies a convenient residential location within easy reach of the town centre, local shops, supermarkets and leisure facilities. The property is also well positioned for access to Darlington Memorial Hospital, making it particularly attractive to healthcare professionals, medical students, and hospital staff seeking accommodation close to their place of work. Darlington benefits from excellent transport links, including its mainline railway station and access to the A1(M), providing connections across the North East and beyond. The combination of strong local amenities, employment opportunities and transport connectivity contributes to consistent rental demand, making this an appealing investment opportunity.
Fully let - rental income per room (with bills included):
Room 1 - £520
Room 2 - £500
Room 3 - £560
Room 4 - £550
Room 5 - £535
*£31,980 gross annual rental income, seller allocates £80 - £90 per person (£27,180pa - £26,580pa exc bills).
Tenure: Freehold
EPC Rating: D
Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
- 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
74 Pendower Street, Darlington, County Durham DL3 6ND
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Visit our security centre to find out moreDisclaimer - Property reference 202606051413sq_p9d3. 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 Auction House, North East. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Auction House, North East on 0191 917 9650.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*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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