74 Pendower Street
74 Pendower Street, Darlington, County Durham, DL3 6ND
Description
The property offers generous living space throughout and presents an attractive proposition for investors seeking strong rental demand and income potential. Situated on Pendower Street in Darlington, the property occupies a convenient residential location within easy reach of the town centre, local shops, supermarkets and leisure facilities. The property is also well positioned for access to Darlington Memorial Hospital, making it particularly attractive to healthcare professionals, medical students, and hospital staff seeking accommodation close to their place of work. Darlington benefits from excellent transport links, including its mainline railway station and access to the A1(M), providing connections across the North East and beyond. The combination of strong local amenities, employment opportunities and transport connectivity contributes to consistent rental demand, making this an appealing investment opportunity. Fully let - rental income per room (with bills included): Room 1 - £520 Room 2 - £500 Room 3 - £560 Room 4 - £550 Room 5 - £535 *£31,980 gross annual rental income, seller allocates £80 - £90 per person (£27,180pa - £26,580pa exc bills). Tenure: Freehold EPC Rating: D
