1 bedroom flat for sale

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1 bedroom flat for sale

Quaker Lane, Darlington, Durham DL1
£45,000

Price History

Initial price £55,000
02/06/24 £50,000
20/02/25 £45,000
Price Change -18.18%

Description

This fully-tenanted studio apartment is a lucrative investment opportunity, located within walking distance of the town center and train station. With a monthly income of £400 and a strong current yield of 8.7%, it offers excellent returns for savvy investors. The studio features a cozy lounge/bedroom area with a Murphy bed, a separate kitchen, and bathroom, providing added privacy. Additionally, the property comes with an allocated parking bay and access to communal gardens, making it a convenient and desirable option for commuters.