14 bedroom house for sale

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14 bedroom house for sale

Tower Road, Darlington
£695,000

Our Summary

  • 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

Description

This exceptional freehold property in the sought-after Cockerton/West End location offers a lucrative investment opportunity with 8 self-contained modern apartments. The property generates a monthly rental income of approximately £5,150, resulting in an enticing 9% gross rental yield. The apartments, ranging from one to two bedrooms, are situated on the ground and first floors, with private access from the car park. The property boasts a communal garden, a large floodlit car park, and a practical bin store/shed, providing convenience and accessibility for both tenants and visitors. With minimum energy efficiency standards exemptions already in place, this property offers not only excellent returns but also peace of mind for the discerning investor. Viewing is highly recommended to fully appreciate the outstanding investment potential that this property offers.
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