Freehold Residential Investment comprising a terrace of 6 No. dwellings and 1 x Block of 12 No. Apartments.
The properties were constructed in 2019/ 2020 to a high specification and are strategically located in close proximity to Darlington town centre with convenient road and public transport links across the region.
The properties are presently fully let producing £177,420pa. A purchase at the asking price demonstrates a net initial yield of 8.29% after assuming standard purchaser’s costs at 1.8% (assuming a purchase of the SPV and SDLT saving)