4 bedroom house of multiple occupation for sale

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4 bedroom house of multiple occupation for sale

Corporation Road, Darlington DL3
£160,000

Price History

Initial price £165,000
07/03/24 £160,000
Price Change -3.03%

Description

This 4-bedroom HMO property in central Darlington offers a promising investment opportunity for investor landlords. The house features 2 double and 2 single bedrooms, along with 2 bathrooms, a shared lounge, and a modern, well-equipped kitchen. The property is situated in a convenient central location, close to the town centre and all its shops, and is currently rented out with a rental income of £1585 per month. The tenants are on periodic tenancies with no rent increases in the past 12 months, and the property is free from onward chain. The property boasts a rear yard with a seating area, and the bathrooms are both double glazed and well-appointed. With the HM Treasury's northern office set to continue growing in the area, this property is an excellent opportunity for investors to expand their property portfolio.