Residential Investment Opportunity For Sale
Summary
- Residential Investment Opportunity
- 4 Commonhold Flats
- 8 Bedrooms
- Approximately: 2,602 sq ft (241.85 sq m)
- Guide Price: £300,000
- Subject to Contract
Location
The subject property is situated on Victoria Road within Darlington Town Centre. Darlington is a strategically placed market town situated midway between Newcastle and Leeds and directly adjacent to the A1(M) providing road access North and South. Darlington is a historic market town located in the County of Durham with a resident population of 106,000 (2021).
The town lies on the River Skerne, a tributary of the River Tees and is situated approximately 17 miles south west of Middlesbrough and 20 miles south of Durham.
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Mainline Stations
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Darlington7 mins
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North Road (Darlington)19 mins
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Dinsdale69 mins
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Teesside Airport101 mins
Underground Station
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Chesham3834 mins
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Amersham3876 mins
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Chalfont and Latimer3891 mins
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Broxbourne3904 mins
Further Information
Rates Payable Upon Enquiry
Description
The property comprises four vacant self-contained flats situated within a larger block of flats, offering a mix of accommodation types.
The property represents an attractive residential investment, with strong tenant appeal, all units are self-contained and individually metered. Each unit also benefits from a designated parking space to the rear of the property.
Flat 23B: A one-bedroom ground floor flat featuring an open-plan kitchen/living area and bathroom.
Flat 25A: A two-bedroom basement flat with an open-plan kitchen/living area and bathroom.
Flat 25B: A two-bedroom ground floor flat comprising an open-plan kitchen/living area and bathroom.
Flat 25C: A spacious three-bedroom flat arranged over the first and second floors, with an open-plan kitchen/living area and bathroom.
Terms
We are instructed to seek offers in the region of £300,000 for our client’s commonhold interest.
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