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15 bedroom block of apartments for sale
Tower Road, Darlington, DL3
£695,000
Tower Road, Darlington, DL3
£695,000
Our Summary
- ***ENTIRE FREEHOLD PROPERTY COMPRISING 8 SELF CONTAINED FLATS***Nestled in the sought-after Cockerton/West End location, this exceptional property boasts 8 self-contained modern apartments, presenting a lucrative investment opportunity for those astute investors seeking a lucrative return
- Viewing is highly recommended to fully appreciate the outstanding investment potential that this property offers
- Whether considering the property for its investment potential or as a place to call home, this property promises a harmonious blend of modern comfort, convenience, and practicality in a desirable location that is sure to captivate all who visit
- OUTSTANDING INVESTMENT POTENTIAL
Description
This exceptional freehold property in the sought-after Cockerton/West End location boasts 8 self-contained modern apartments, offering a lucrative investment opportunity with a monthly rental income of approximately £5,150, resulting in an enticing 9% gross rental yield. The property features off-street parking for up to 8 vehicles, a communal garden with a well-maintained lawned area, and a practical bin store/shed. With minimum energy efficiency standards exemptions already in place, this property provides peace of mind for investors and is primed to offer excellent returns. The property's modern comfort, convenience, and practicality make it an attractive option for both investors and those seeking a home, and viewing is highly recommended to fully appreciate its outstanding investment potential.