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£1,200,000

Property for sale
Signal House, Darlington DL3

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Magnum Properties NE Ltd

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About this property

    An outstanding opportunity to acquire Signal House, a substantial mixed-use investment comprising 22 high-quality residential apartments, together with adjoining office accommodation on one side and a commercial unit on the other. Offering a diverse income stream and excellent investment potential, this impressive property represents a rare addition to the Darlington commercial and residential market.

    The residential accommodation has been finished to a high standard throughout, providing modern, well-presented apartments that are ideally suited to the strong local rental market. In addition to the residential element, the adjoining offices and commercial unit further enhance the property's versatility and long-term investment appeal.

    With the potential to generate £132,000 per annum from the apartments alone, the property offers a potential gross yield of approximately 11.0% at the asking price, making it an attractive proposition for investors seeking both strong returns and future capital growth.

    Located in the heart of Darlington, Signal House benefits from excellent access to the town centre, railway station, major road networks, and a wide range of local amenities. The town continues to benefit from significant regeneration and inward investment, underpinning continued demand for quality residential accommodation and commercial space.

    Whether you're looking to expand an existing portfolio or secure a substantial mixed-use investment with excellent income potential, Signal House offers a compelling opportunity in one of the North East's most established investment locations.

    Key Features

    Mixed-use investment opportunity
    22 high-specification residential apartments
    Adjoining office accommodation
    Additional commercial unit
    Potential residential rental income of £132,000 per annum
    Potential gross yield of 11.0%
    Prominent location in Darlington
    Excellent opportunity for investors seeking strong income and long-term growth

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    Property descriptions and related information displayed on this page are marketing materials provided by - Magnum Properties NE Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Magnum Properties NE Ltd for full details and further information.