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Commercial Property for sale

Larchfield House, Coniscliffe Road, Darlington, County Durham, DL3

£999,000
13,517 sq. ft.

Property Description

Commercial information

  • 13,517 sq ft (1,255 sq m)

Key features

  • Site area 1,255.7 sq m (13,516.6 sq ft)
  • Affluent location
  • Gross rental income 74,820 per annum
  • 13 Flats and 5 Terraced Houses

Full description

Significant end of terrace residential investment opportunity. The property is located on the corner of Coniscliffe Road and Larchfield Street, Darlington. Coniscliffe Road is an affluent area of Darlington on the periphery of the town centre. The area benefits from a reasonable level of services and facilities. The subject property, known as Larchfield House, is a significant end terrace residential investment opportunity. The premises comprise a mix of one and two bedroom flats together with five terrace houses forming the entirety of Larchfield House. The majority of the demise is occupied on either six or 12 month Assured Shorthold Tenancies with only one 3 bedroom house currently unoccupied. A full tenancy schedule is available on request. The premises benefit from ample private car parking to the rear.


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