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House For Sale £45,000
Bouch Street, Shildon, Darlington DL4


Description
Earn instant income on this already tenanted investment opportunity - not suitable for owner occupiers! Excellent two bedroom mid terrace, with long term tenant. Enquire today to avoid disappointment.

This wonderful two bedroom mid terrace comprises of; entrance hallway leading to a spacious lounge and double glazed window to the front; fully fitted kitchen with all appliances included; access to the rear yard; staircase leading to the first of the double bedrooms; three piece family bathroom with shower over bath; a second double bedroom with double glazed window to the rear.

EE are the largest private sector employers in the town, hiring 2,500 people. Another major employer in the area is the English division of the Student Loans Company, Student Finance England, who are based at Lingfield Point and employ over 1,000 people. UK retail company Argos have their largest warehouse distribution centre in the North of England located in Darlington, within Faverdale Industrial Estate to the North West of the town. Other large service sector companies with offices in the town include Darlington Building Society, Bannatyne Fitness Ltd and the national vehicle rental company Northgate, which is headquartered in the town; also within the Morton Park area. As well as the large engineering sites based in the town, Darlington is also home to many businesses within the modern and developing industries including Information Technology.

Inquire Today!

Financial Breakdown

Gross rent: £3,420
Ground rent: £0
Service charge: £0
Lettings fees: £328
Net income: £3,092
Gross yield: 7.6%
Net yield: 6.87%

Important Note To Purchasers

*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.

Yieldit ref: Yl-15628

Follow the link for more information:
        
zoopla.co.uk

  
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