2-bedroom flat · DL2 2JS
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** AVAILABLE IMMEDIATELY *** On the market this lovely two bedroom purpose built apartment located within the desirable Merrybent area of Darlington.
Located close to local amenities and with good transport links.
The property briefly comprises of; entrance hall, with access to the integral single garage, on the first floor you will find a hallway, with a good size storage cupboard, two double bedrooms, (master bedroom with built-in wardrobes and en-suite shower room), three piece family bathroom, and open-plan kitchen / living room.
Externally, the property has allocated driveway to the front with single garage. For a viewing contact SMITH & FRIENDS - Estate Agents Darlington, Early viewing is highly recommended.
UNFURNISHED, NO SMOKERS REQUIRED EARNINGS: Tenants £26,250pa; Guarantor, if required £31,500pa RENT £875 PCM BOND £1,009 (Application is subject to a Holding Fee - please refer to our website for further details) Ground Floor - Hall - 1.16m x 5.41m (3'9" x 17'8") - Garage - 2.46m x 6.45m (8'0" x 21'1") - First Floor - Landing - 3.67m x 1.12m (12'0" x 3'8") - Open-Plan Living / Diner - 3.29m x 4.28m (10'9" x 14'0") - Kitchen - 2.99m x 1.98m (9'9" x 6'5") - Bedroom 1 - 3.29m x 3.07m (10'9" x 10'0") - En-Suite - 1.8m x 2.05m (5'10" x 6'8") - Bedroom 2 - 2.22m x 3.08m (7'3" x 10'1") - Family Bathroom - 1.99m x 1.82m (6'6" x 5'11") -
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Nursery Lane, Darlington
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