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    Darlington Branch
    Innovation Central
    Central Park, 10 John Williams Blvd S
    Darlington
    DL1 1BF

    Tel: 01325 523756
    Email: darlington@sillars.co.uk

    Durham Branch
    Portland House
    Belmont Business Park
    Durham
    DH1 1TW

    Tel: 0191 323 6652
    Email: durham@sillars.co.uk

     

     

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    29, Stanhope Road North, Darlington, Darlington, DL3 7AP

    £360,000Freehold

    633
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    Mortgage

    Estimated Monthly Mortgage Payment:
    £1,710 /mo.25 Years, 4% Interest
    Loan
    £324,000
    Total Repay
    £513,057

    Stamp Duty

    You’ll have to pay the stamp duty of:
    £8,000
    0% up to £125,000
    2% from £125,000 to £250,000
    5% from £250,000 to £360,000
    Your effective stamp duty rate is 2.22%
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    Innovation Central
    Central Park, 10 John Williams Boulevard South
    Darlington
    DL1 1BF

    t:  01325 523756
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    £360,000

    29, Stanhope Road North, Darlington, Darlington, DL3 7AP

    6 Bedrooms3 Bathrooms3 Receptions

    Key Information

    Tenure:Freehold
    Council tax band:Not available
    Broadband:up to 10000Mbps
    Mobile signal:*Based on indoor data coverage
    EEO2ThreeVodafone

    Key Features

    Block Of Apartments
    All Tenanted
    Current Monthly Rent £1,795
    Short Walk to Town Centre
    Rents Can be improved in Future

    Description

    Fully tenanted block of 3 self-contained apartments near town centre, generating £1,795 pcm. Modern, well maintained, with potential for rent growth. Secure entry and efficient heating.

    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.

    Darlington Branch

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