Block Of Apartments, Stanhope Road North, Darlington, DL3

Introducing an exceptional investment opportunity, this fully tenanted block of three apartments is ideally positioned just a short walk from the vibrant town centre. Currently generating a total monthly rent of £1,795, this property presents both immediate rental income and the potential for future growth, as rents can be improved over time.

Each apartment within the block is thoughtfully designed to maximise space and functionality, appealing to a wide range of tenants. The interiors are well maintained, with practical layouts that ensure comfortable living. Neutral décor throughout allows for easy personalisation by tenants, while quality fixtures and fittings offer a sense of durability and style.

The block comprises three self-contained units, each with its own kitchen, living area, bedroom, and bathroom. This arrangement provides privacy and convenience for each resident, making the property attractive to professionals, couples, or single occupants. The kitchens are fitted with essential appliances and ample storage, providing a practical environment for every-day living. Bathrooms are modern and feature contemporary sanitaryware, offering a clean and inviting space.

The location is a key highlight, with the town centre just a short stroll away. Residents benefit from immediate access to a wide array of amenities, including shops, cafes, restaurants, and public transport links. This prime position enhances the appeal to prospective tenants and supports strong occupancy rates.

From an investment perspective, the property is fully let, ensuring a steady income stream from day one. There is clear scope to increase rental yields in the future, capitalising on the high demand for well-located rental accommodation in the area. The block’s configuration allows for straightforward management, whether you are expanding your portfolio or seeking a stable asset with minimal ongoing input.

Additional features include secure entry systems for each apartment (providing peace of mind for residents) and efficient heating solutions that help to keep running costs manageable. The building is well maintained, reflecting the current owner’s commitment to quality and tenant satisfaction.

This property represents a rare chance to acquire a block of three apartments in a sought-after location, with the benefit of existing tenants and the potential for enhanced returns. For investors seeking a reliable and scalable asset, this opportunity should not be missed. Early viewing is highly recommended to appreciate all that this property has to offer.
EPC Rating: D