Low‑cost freehold buy-to-let with tenant in situ and immediate rental income..
- Two bedrooms, mid-terrace, approx 883 sq ft
- Long-term tenant in situ, £425 pcm rental income
- Freehold tenure, low asking price £65,000
- EPC D; boiler and mains gas central heating
- Bathroom dated, small space, requires updating
- Solid brick walls with no assumed insulation
- Very deprived area with above-average crime levels
- Close to town centre, hospital and good primary schools
A compact two-bedroom mid-terrace in Darlington's Denes, offered freehold at an attractively low asking price. The house totals about 883 sq ft, built early 20th century with original period brickwork, and benefits from double glazing installed after 2002 and mains gas central heating with a boiler and radiators.
This property is presented with a long-term tenant in situ (four years), currently paying £425 pcm, making it a straightforward buy-to-let for an investor seeking immediate rental income. It sits close to the town centre, Darlington Hospital and several well-rated primary schools, providing steady local tenant demand.
There are clear reasons the price reflects value: the property is in a very deprived area with above-average crime rates, the bathroom is dated and requires updating, and the walls are solid brick with no assumed insulation. These factors, plus a small plot and modest room sizes, mean the home is best suited to investors or buyers prepared to carry out improvement work to enhance comfort, EPC and capital value.
Practical positives include a very low council tax band, fast broadband availability and no flood risk. The EPC is D. Buyers should expect some maintenance and renovation costs if they wish to modernise the interior or improve thermal performance.