Signal House, Whessoe Road... 11 bed property for sale

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Signal House, Whessoe Road... 11 bed property for sale

Signal House, Whessoe Road, Darlington, DL3
£985,000

Our Summary

  • Once fully let, it could generate circa £148,000 per annum, offering a potential gross yield of 15

Description

Signal House, a mixed-use property, is scheduled for completion in March 2025 and offers a unique blend of commercial and residential space. The ground floor features a retail/workshop unit, while the upper floors provide communal kitchen and dining areas, as well as 22 bedrooms, including five en-suite rooms, shared shower rooms, and seating areas. The property is well-suited for co-living, serviced accommodation, or shared housing for professionals and students, offering a mix of long-term and short-term rental opportunities. Once fully let, it could generate an annual income of circa £148,000, with a potential gross yield of 15.02%. Located on the northern outskirts of Darlington, the property is close to the town's railway station and Teesside International Airport, making it an attractive investment opportunity.
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