2-bedroom terraced house · DL1 2QF
Under offerListed 174 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Owned and loved for a number of years we offer for sale a TWO BEDROOMED TERRACED that offers the opportunity for potential to improve.
It has been well maintained, clean and tidy and available with no onward chain.
The location is ideally placed within a popular residential area with regular bus services, schools and shops within walking distance and excellent transport links.
The accommodation briefly comprises of entrance hallway with stairs immediately to the first floor and a door opening into the lounge.
There is a useful under stairs storage cupboard and a door leading through to the kitchen which has a range of cabinets and can accommodate a dining table.
There is also a further understairs storage cupboard within the kitchen. To the first floor there are two bedrooms and bathroom/WC with a coloured suite.
Externally the courtyard to the rear has an up and over door and is paved and there is a greenhouse and access to outside WC.
TENURE: Freehold COUNCIL TAX: A Entrance - UPVC entrance door Lounge - 4.17 x 3.70 (13'8" x 12'1") - With a double window to the front aspect and a useful understairs storage cupboard.
A door from the lounge leads through to the kitchen. Kitchen/Diner - 3.79 x 2.76 (12'5" x 9'0") - A sizeable room fitted with ample cabinets and can easily accommodate a dining table.
There is second under stair storage cupboard and the room has a window to the rear and a door leading out to the rear yard. First Floor - Landing - Leading to both bedrooms and to the bathroom/WC.
Bedroom One - 3.52 x 3.34 (11'6" x 10'11") - A generous master bedroom overlooking the front aspect.
Bedroom Two - 3.66 x 3.01 (12'0" x 9'10") - A good sized second bedroom this time overlooking the rear.
Bathroom/Wc - Comprising of a coloured suite with panelled bath, pedestal handbasin and WC Externally - An enclosed courtyard with an up and over garage door for access to the rear service lane, there is a greenhouse and an outside WC.
Value & comps
No previous sales on record.
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 asking
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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
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FAQ
About Locomotive Street, Darlington
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