Summary - Tower Road, Darlington, DL3 DL3 6RW
15 bed 10 bath Block of Apartments
**Standout Features:**
- **Investment Potential:** 8 self-contained modern apartments generating approx. £5,150 monthly rental income.
- **High Yield:** Approximately 9% gross rental yield.
- **Location:** Sought-after Cockerton/West End area.
- **Off-Street Parking:** Space for 8 vehicles.
- **Outdoor Space:** Communal garden with well-maintained lawn and practical bin store/shed.
- **Energy Efficiency:** Minimum standards exemptions in place.
**Property Summary:**
This impressive block of 8 self-contained flats in the desirable Cockerton/West End area is a prime investment opportunity, boasting potential for high returns and minimal maintenance concerns. Currently generating around £5,150 in monthly rental income, this property offers an attractive gross rental yield of approximately 9%. Each flat is modern and thoughtfully designed, catering to the needs of today’s tenants.
The building features ample off-street parking for 8 vehicles and a welcoming communal garden that enhances the overall urban appeal. While the property is in good condition, it’s advisable for investors to be aware of any future maintenance needs. With established minimum energy efficiency exemptions already in place, you have all the peace of mind required for smart investment decisions.
This property provides an excellent opportunity for those looking to capitalize on a thriving rental market or seeking a unique residential portfolio addition. Don't miss this rare find—schedule your viewing today to grasp the full potential of this outstanding property.
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