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COMMERCIAL

Darlington

£3,150,000
Magnum Properties Ltd, Middlesbrough
PROPERTY TYPE

Commercial Property

SIZE

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Description

Exceptional Residential Investment Portfolio – Darlington

Magnum Properties are delighted to offer an outstanding opportunity to acquire a substantial, income-producing residential investment portfolio comprising 30 high-quality homes in the thriving and rapidly expanding town of Darlington. Built to an exceptional standard throughout, this portfolio offers investors a diverse mix of modern apartments and family homes, delivering immediate rental income alongside excellent long-term capital growth potential.

With an asking price of £3,150,000, the portfolio currently generates an impressive annual rental income of £262,800, producing a gross yield of 8.34%.

Portfolio Comprises
12 One-Bedroom Apartments – Quincey House
12 One & Two-Bedroom Apartments – Avery Gardens
6 New Build Three-Bedroom, Three-Storey Terraced Homes

Both apartment developments benefit from secure underground parking, while an additional on-site car park provides approximately 20 parking spaces, serving Avery Gardens and the new-build homes.

Each property has been finished to a high specification, offering modern, well-designed accommodation that continues to attract strong tenant demand. The portfolio is available as a leasehold sale and represents a fully established investment with proven income.

Prime Investment Location

Situated in one of the North East's fastest-growing residential markets, Darlington continues to benefit from significant regeneration, major infrastructure investment, and the establishment of the UK Treasury North campus. Ongoing inward investment, increasing employment opportunities, and sustained demand for quality rental accommodation have positioned the town as an increasingly desirable location for residential investors.

Whether you're looking to expand an existing portfolio or secure a high-performing, turnkey investment, this is a rare opportunity to acquire a substantial residential asset with immediate returns and excellent future growth prospects.

Brochures

Darlington

Darlington

Approximate location

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • North Road Station0.8 miles
  • Darlington Station1.0 miles
  • Dinsdale Station3.0 miles

About Magnum Properties Ltd, Middlesbrough

144 Linthorpe Road, Middlesbrough, TS1 3RA
Industry affiliations:Industry affiliation logo 0

Residential | Commercial | Investment | Management

Magnum have called Teesside home for nearly 40 years and if there is one thing we are sure about, it is the buying and selling of residential and commercial property. Using our extensive knowledge and experience in both property markets, our Agency will handle your investment as if it was our own.

* FREE VALUATIONS * FREE 3D VIRTUAL TOUR * NO HIDDEN FEES * PROPERTY MANAGEMENT * RESIDENTIAL & COMMERCIAL PROPERTIES * BUSINESS SALES * and much more...

Trust Magnum Properties to buy, sell or rent your residential or commercial property - We are your local, experienced Middlesbrough-based estate agents in Teesside.

Notes

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Disclaimer - Property reference 34804993. 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 Magnum Properties Ltd, Middlesbrough. 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.