Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · DL1 2PU
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is for sale by Modern Method of Auction Situated on North Road, this three-bedroom end-of-terrace house presents an excellent opportunity for those looking to invest in a property with great potential.
While the property requires modernisation, it offers a blank canvas for buyers to create their dream home or enhance its rental appeal.
The three well-proportioned bedrooms provide ample space for families or individuals seeking room to grow. The bathroom, though in need of updating, is functional and serves the home well.
One of the standout features of this property is its no onward chain status, allowing for a smoother and quicker transaction process.
This is particularly advantageous for investors or first-time buyers eager to make their mark in the property market.
Situated in the North Road/Harrowgate Hill location, residents will benefit from a range of local amenities, schools, and transport links, making it a convenient choice for everyday living.
This terraced house is not just a property; it is a promising investment opportunity waiting to be transformed.
With a little vision and effort, this home can be turned into a stunning residence or a lucrative rental. Do not miss the chance to explore the potential this property has to offer.
Entrance Hallway Lounge (5.13m x 3.78m (16'10 x 12'5)) Dining Room (4.37m x 3.18m (14'4 x 10'5)) Kitchen (5.46m x 2.59m (17'11 x 8'6)) Staircase/Landing Bedroom One (5.18m x 3.78m (17' x 12'5)) Bedroom Two (4.37m x 3.18m (14'4 x 10'5)) Bedroom Three (2.54m x 2.49m (8'4 x 8'2)) Family Bathroom Externally Tenure Freehold Property Details Local Authority: Darlington Council Tax Band: B Annual Price: £1,940 Conservation Area No Flood Risk Very low Floor Area 1,280 ft 2 / 119 m 2 Plot size 0.03 acres Mobile coverage EE Vodafone Three O2 Broadband Basic 2 Mbps Superfast 80 Mbps Ultrafast 10000 Mbps Satellite / Fibre TV Availability BT Sky Virgin Note Important note to purchasers: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller.
We cannot also confirm at this stage of marketing the tenure of this house Auctioneers Comments This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer will pay £349 inc VAT for this pack.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.
These services are optional
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 193., North Road, Darlington
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