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£985,000
22 Bed HMO with Ground Floor Retail For Sale
Signal House, offers a mix of commercial and residential space. The ground floor comprises a retail/workshop unit, while a communal kitchen and dining area serves the upper floors. The first-floor features 11 bedrooms, five with en-suites, along with three shared shower rooms and a communal seating area. The second floor provides a further 11 bedrooms, one with an en-suite, and two additional shared shower rooms.
The property is well-suited for co-living, serviced accommodation, or shared housing for professionals and students. Its layout allows for a mix of long-term and short-term rental opportunities.
Once fully let, it could generate circa £148,000 per annum, offering a potential gross yield of 15.02%.
Location
The subject property is located on the northern outskirts of the town of Darlington within County Durham in the North East of England. The town itself is just north of the River Tees and benefits from use of Darlington Railway Station within the town and Teesside International Airport just east.
Signal House is located next to the Darlington Railway Station Museum (Hopetown), which showcases the rich history of the Stockton and Darlington Railway, the world’s first public railway to use steam locomotives.
For all enquiries and viewing arrangements please contact Joseph I’Anson or Benjamin Riddle
Tel: 01642 265 300Email: Teesside@bradleyhall.co.uk
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