High Northgate

High-Yield Investment Opportunity | Commercial Unit & 3 Apartments | Darlington

Purchase Price: £235,000

Total Annual Income: £36,000 | Yield: 14% – 16%

If you are looking for a high performing asset with proven income, this property on High Northgate is a standout. This isn't just a standard buy-to-let, it is a versatile mixed use building that combines a steady commercial lease with high yielding short term rentals.

The Income Breakdown

This property is already working hard, generating revenue from three distinct streams:

The Commercial Unit: Currently let for £6,000 per year, providing a solid, reliable baseline for your investment.

The Apartments: There are three apartments currently operating as successful short term lets on Airbnb and Booking.com. These are generating £25,000 per year, and all relevant proof of income can be provided.

Bonus Cash Bookings: On top of the online platforms, the property consistently attracts repeat cash bookings, adding roughly £5,000 per year to the total.

Total Annual Revenue: ~£36,000

Why This is a Smart Move

Impressive Yields: You are looking at a 14% gross yield from the main streams, which jumps to 16% when including the regular cash bookings.

Hands-Off Management: If you like the returns but don’t want the day to day work of managing short term guests, there is already a management team in place who can handle all the bookings for you.

Prime Location: Located at High Northgate (DL1), you are in a central Darlington spot that is perfect for both a commercial business and travellers looking for a place to stay.

Key Highlights

Proven Track Record: This is an active, performing investment rather than a potential project.

Mixed-Use Security: Having both commercial and residential income helps protect your cash flow.

This is a rare chance to step into a high yield business model that is already up and running. Whether you want to manage it yourself or keep the current team in place, the numbers on this property make it an exceptional opportunity.