3 bedroom house share

Attention all investors + House of multiple occupancy (HMO) + Three good size bedrooms + Potential rental income £15,080 per annum + Close to Memorial Hospital & Town centre + Ideal investment opportunity + Popular, convenient location + uPVC double glazing & Gas central heating + VURV estates The Art of Property – This deceptively spacious mid-terrace ‘House of Multiple Occupation’ (HMO) presents an exceptional investment opportunity. With three well proportioned bedrooms, this property is currently configured as a HMO and is sold with two sitting tenants to the first floor, the ground floor bedroom has just become vacant and re-advertised by VURV Property Management, making it an attractive prospect for those looking to expand their property portfolio. The accommodation comprises a welcoming hallway leading to the ground floor bedroom to the front and kitchen/diner located at the rear of the property, offering a spacious area for dining and cooking, leading out to a generous yard that provides an ideal space to enjoy the fresh air. The two further bedrooms to the first floor are in good order, as is the modern shower room. The property benefits from uPVC double glazing and gas central heating. The potential for this property is impressive, with an annual rental income guide at £15,080. Currently, Room One (Ground floor bedroom) became vacant on January 2nd 2025 and has been re-advertised at £100 per week. Room Two is occupied at £100 per week, and Room Three is occupied at £90 per week. This setup not only ensures a steady income stream but also highlights the demand for rental properties in this popular location. Surtees Street is conveniently situated close to local shops, enhancing its appeal to prospective tenants. This property is priced to sell, making it a compelling choice for investors seeking a reliable and profitable addition to their portfolio. Do not miss the chance to secure this promising investment in a popular area of Darlington. Ground floor Entrance vestibule opening to a hallway with stairs to the first floor. Room one a good size double bedroom to the front. Light and airy kitchen/diner to the rear providing a good range of units, laminate works surfaces, sink unit with mixer tap, electric ceramic hob, single oven, useful under stairs storage area and access to the yard. First floor Landing with open aspect to a storage area and two bedrooms. Room Two a large double room and Room Three a small double. The modern shower room completes the internal accommodation with double shower cubicle, basin and WC. Externally Good size rear yard, Ideal to relax during those warm months. Potential rental income to be considered a guide only, this can be affected by market conditions. All buyers must carry out their own due diligence. Please note: Council tax Band – A Tenure – Freehold EPC Rating: C Total sq ft to be considered guide only. VURV estates ‘The Art of Property’ Professional Estate Agents, covering Darlington & Teesside with creative & inviting marketing strategies! Property appraisals available 7 days a week! Part of the well-known VURV group, embracing property networking events across the country. Disclaimer: These particulars have been prepared in good faith by the selling agent in conjunction with the vendor(s) with the intention of providing a fair and accurate guide to the property. They do not constitute or form part of an offer or contract nor may they be regarded as representations, all interested parties must themselves verify their accuracy. No tests or checks have been carried out in respect of heating, plumbing, electric installations, or any type of appliances which may be included. Principal Elevation – Entrance Vestibule – Hallway – Bedroom One – 3.40 x 3.55 (11’1″ x 11’7″) – Kitchen/Diner – 4.39 max (narrowing to 3.94) x 3.88 (14’4″ max (na – First Floor – Bedroom Two – 4.39 x 3.55 (14’4″ x 11’7″) – Bedroom Three – 2.95 max (narrowing to 2.82) x 2.80 (9’8″ max (nar – Shower Room/Wc – 1.39 x 2.80 (4’6″ x 9’2″) – Rear Yard –

Details

Bedrooms
3

Purchase Price £
85000

ROI %
16.00

Cashflow(PCM) £
328