Larchfield House in Darlington to be auctioned for £200,000

Larchfield House, which is located on the corner of Coniscliffe Road and Larchfield Street in the town will go under the hammer on August 29 - with the building described by the sellers as "an exciting investment opportunity for prospective buyers".

The property up for sale is a freehold "substantial corner building", with prices starting at £200,000 - which has been set by the Real Estate Investment Trust (REIT).

It is positioned on Larchfield Street, to the north of its junction with Conisliffe Road.

Larchfield House (Image: RIGHTMOVE)

The A1(M) is to the west, and for train commuters, rail services run from the nearby Darlington station.

The town centre of Darlington is towards the east of the property and South Park is located southwards.

The listing reads: "Larchfield House is an impressive offering as it has been arranged to provide 18 Self-Contained Flats internally.

"The flats can house a varied number of occupiers, with the property boasting Eight one-bedroom flats, Eight two-bedroom flats, and Two three-bedroom flats; totalling 32 bedrooms.

"The terms of occupancy for each flat are currently unknown but every flat boasts off-street parking, enhancing its appeal for residents with vehicles."

It adds: "Although, Allsop has not internally inspected the property, and buyers are deemed to have made their enquiries and will bid accordingly.

"Larchfield House offers a substantial investment opportunity due to its location and the number of self-contained flats available.

"Remember to pre-register your interest and keep in mind the auction takes place on August 29."