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Two Bedroom Mid-Terrace House – Let at £500 PCM.
An excellent opportunity to acquire a well-presented two bedroom mid-terraced property situated within a popular residential area of Darlington. The property is currently let at £500 per calendar month, making it an attractive income-producing investment for landlords. The accommodation is arranged over two floors and briefly comprises an entrance hall leading into a spacious living room with bay window, followed by a separate dining room providing additional reception space. To the rear is a galley-style kitchen with access through to a utility area and the rear yard/garden. To the first floor there are two bedrooms, including a generous main bedroom, together with a family bathroom fitted with bath, wash basin and WC. Externally, the property benefits from a small forecourt to the front and an enclosed rear garden, providing useful outdoor space. The property extends to approximately 77 sq m (829 sq ft) and is conveniently located for local shops, schools and transport links, with Darlington town centre easily accessible. This property will appeal to buy-to-let investors seeking an immediate rental income with potential for future growth. Accommodation Ground Floor •{tab}Hallway •{tab}Living Room – 3.8m x 5.4m •{tab}Dining Room – 3.8m x 3.9m •{tab}Kitchen – 1.4m x 4.3m •{tab}Utility – 1.4m x 0.9m First Floor •{tab}Landing •{tab}Bedroom 1 – 3.8m x 3.9m •{tab}Bedroom 2 – 1.8m x 4.9m •{tab}Bathroom – 1.9m x 2.6m Tenancy The property is currently let at £500 per calendar month (£6,000 per annum). Tenure Freehold (assumed – buyers should verify). Auctioneers Note Buyers are advised to inspect the legal pack for full tenancy details.
Tenure
Freehold
Energy Efficiency Rating (EPC)
Current Rating D
Services
Interested parties are invited to make their own enquiries to the relevant authorities as to the availability of the services.
Local Authority
Darlington Borough Council
Solicitors
LCF Law, Ref: LCF Law, Tel: 0113 487 3939
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Administration Charge - £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.
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.