£3,150,000
Property for saleHaughton Road, Darlington DL1
Just added
Freehold
About this property
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.
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.
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