Guide price

£200,000

5 bed detached house for sale
74 Pendower Street, Darlington, County Durham DL3

    • 5 beds

  • EPC Rating: D

Just added
Auction
Added on 09/06/2026

About this property

    For sale by online auction on Tuesday, 30 Jun 2026 ending at 11:00

    newly refurbed 5 bed 5 bath HMO - fully let!

    An exceptional investment opportunity to acquire this fully refurbed five bedroom property, with each bedroom benefiting from its own private en-suite bathroom and communal kitchen area. The accommodation is arranged to provide spacious and practical living, making it ideally suited for use as a House in Multiple Occupation (HMO), serviced accommodation, or a high yield rental investment, subject to any necessary consents. 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

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    Additional Fees
    Administration Charge - £3600 inc VAT payable on exchange of contracts.

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Price Information
    * Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Additional Fees Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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