Property for sale

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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 is a unique property that offers a mix of commercial and residential space, featuring a retail/workshop unit on the ground floor and communal areas, including a kitchen and dining area, as well as 22 bedrooms across two floors, with a mix of en-suite and shared shower rooms. The property is well-suited for co-living, serviced accommodation, or shared housing for professionals and students, with the potential to generate a significant income of circa £148,000 per annum, offering a potential gross yield of 15.02%. Located on the northern outskirts of Darlington, the property is close to Darlington Railway Station and Teesside International Airport, and is situated next to the Darlington Railway Station Museum, which showcases the town's rich history.