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£70,000

Hercules Street, Darlington, DL1

  • 3 beds
Terraced house

£70,000

  • 3 beds
Terraced house
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Estimate monthly mortgage payment:

£320 per month

Minimum deposit amount:

£3,500
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Tucked away in the sought-after Springfield area of Darlington, this cosy terraced house offers the perfect opportunity for those looking to invest in property. Currently tenanted, this three-bedroom gem is a lucrative option, bringing in £495 per month in rental income with an impressive 8.5% gross yield. The spacious kitchen/diner is the heart of the home, offering plenty of room to entertain or simply enjoy a home-cooked meal. With the potential to further increase the rent and yield, this property is a promising investment for savvy buyers. Additionally, lettings and management services are available for those looking for a hassle-free ownership experience.

Step outside to discover the enclosed concrete yard at the rear of the property, providing a private outdoor space for relaxing or hosting small gatherings. A gate at the rear lane offers convenient access for bringing in groceries or taking out the trash. Whether you're sipping your morning coffee al fresco or enjoying a barbeque in the evening, this outdoor area offers endless possibilities for outdoor living. With this property's desirable location and promising rental income, don't miss out on this fantastic opportunity to secure a solid return on investment. Start your property journey today with this charming terraced house that offers both comfort and potential for growth.

Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£0
Mortgage and legal costs:
£999
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