Cleveland Avenue, Darlington, DL3
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
6
- BATHROOMS
6
- SIZE
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Key features
- Block of 5 Self Contained Flats
- £2,545pcm income
- Scope to Increase to £3,225
- West End
- Perfect For investors
- All Occupied
Description
Introducing a rare investment opportunity in the prestigious West End – a block of five self-contained flats generating a lucrative income of £2,545 per calendar month. Boasting a prime location and all units fully occupied, this block of 5 apartments presents a turnkey investment tailor-made for discerning investors seeking stable returns in a sought-after locale.
Each flat exudes contemporary charm and functionality, providing comfortable living spaces tailored to modern lifestyles. The interiors are thoughtfully designed to maximise space and natural light, ensuring a welcoming ambience throughout. From sleek kitchens equipped with modern appliances to cosy bedrooms and well-appointed bathrooms, each unit epitomises urban living at its finest.
The existing rental income of £2,545 per month reflects the property's potential to yield solid returns from day one. Moreover, with the opportunity to enhance rental yields to an impressive £3,225 per month, astute investors can capitalise on the property's scope for growth and increased profitability.
Positioned in the prestigious West End, residents enjoy proximity to an array of amenities, including upscale dining, boutique shopping, and cultural attractions. The neighbourhood's vibrant atmosphere and cosmopolitan flair create a highly desirable setting for tenants, ensuring a high demand for rental accommodations.
Whether you are a seasoned investor looking to expand your portfolio or a newcomer seeking a hassle-free income stream, this block of apartments offers a rare chance to secure a prime property in a sought-after location. Investors can benefit from the steady rental income provided by fully occupied units while tapping into the potential for increased returns in the future.
In summary, this block of apartments presents a compelling investment opportunity in the heart of the West End. With its attractive rental income, scope for growth, and ideal location, the property is perfectly poised to deliver long-term financial rewards to savvy investors. Don't miss your chance to own a piece of prime real estate in this exclusive neighbourhood – schedule a viewing today and explore the potential of this exceptional investment opportunity.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Cleveland Avenue, Darlington, DL3
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Visit our security centre to find out moreDisclaimer - Property reference 7a33d181-6709-4502-aa0f-6cf4db3c5299. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Sillars Investments, Lettings & Management, Darlington. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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