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6 bedroom block of apartments for sale
Stanhope Road North, Darlington, DL3
£360,000
Stanhope Road North, Darlington, DL3
£360,000
Our Summary
- Introducing an exceptional investment opportunity, this fully tenanted block of three apartments is ideally positioned just a short walk from the vibrant town centre
- Currently generating a total monthly rent of £1,795, this property presents both immediate rental income and the potential for future growth, as rents can be improved over time
- There is clear scope to increase rental yields in the future, capitalising on the high demand for well-located rental accommodation in the area
- This property represents a rare chance to acquire a block of three apartments in a sought-after location, with the benefit of existing tenants and the potential for enhanced returns
Description
This exceptional investment opportunity presents a fully tenanted block of three apartments, perfectly situated just a short walk from the town centre. The property currently generates a total monthly rent of £1,795, offering immediate rental income and potential for future growth. Each apartment is thoughtfully designed to maximize space and functionality, with well-maintained interiors, neutral décor, and quality fixtures and fittings. The block's prime location provides easy access to amenities, including shops, cafes, restaurants, and public transport links, making it attractive to professionals, couples, or single occupants. With secure entry systems, efficient heating solutions, and a well-maintained building, this property offers a rare chance to acquire a reliable and scalable asset with existing tenants and potential for enhanced returns.