Investment Opportunity – Charles Street, Darlington

5 Bedroom | 5 Bathroom | High Yield HMO Investment

Financial Breakdown

• Purchase Price: £72,000
• Conversion Cost: £81,781.88 approx.
• Set up & Design Fees: £15,500
• Stamp Duty: £3,600
• Survey & Legals: £2,050
• Furniture Pack: £11,554.49
• Total Project Cost: £189,570.37
• Cash Outlay: £135,570.37
• Projected Rent: £29,900/year
• Net Income After Management: £25,532/year
• Post-Refinance Cash Left: £45,570.37
• ROI After Refinance: 40.23%

Why Invest in Darlington?

• Strong rental demand from students and professionals
• Home to new government departments and Hitachi Rail
• Affordable house prices with high rental yields
• Excellent connectivity and infrastructure growth
• 10 min to Teesside International Airport

Key Property Features

• The property will be refurbished to a high standard throughout.
• A smart heating system with remote control access will be installed.
• The property will be fully furnished and equipped with modern appliances.
• All works will be carried out in full compliance with HMO licensing and safety regulations.
• Each room will feature a private ensuite and will be let at £140 per person per week (PPPW).

Nearby Locations

Property Location

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Disclaimer: All figures are estimates and subject to market conditions, lender criteria, and planning outcomes. Capital at risk. Past performance is not a guarantee of future results. Always seek independent financial advice before investing.