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See how verdicts work2-bedroom flat · DL2 2JS
For saleReduced £9.9k (−6.6%) on 26 OctListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great buy for a number of purchasers, a first floor TWO BEDROOMED self contained apartment. Boasting ensuite and a generous open plan, lounge, dining and kitchen area.
Situated in a cul-de-sac location within Merrybent. The property is available with no onward chain and also has the benefit of a single GARAGE.
Ease of access to Darlington's town centre and benefitting from excellent transport links. There is a well regarded pub restaurant within walking distance and lots of country and river walks to enjoy.
The property would suit a host of buyers those looking for their first home, a downsizer or a landlord looking to add to their portfolio. Infact the property has been a sucessful long term let.
TENURE: Freehold COUNCIL TAX: C Reception Hallway - UPVC entrance door leads into the reception hallway which has the staircase to the first floor and a handy personnel door opening into the garage.
Lounge - 4.79 x 3.38 (15'8" x 11'1") - A well proportioned reception room with windows to the front aspect.
The room can easily accommodate soft seating and a dining table and is open plan to the kitchen.
Kitchen - 3.03 x 1.97 (9'11" x 6'5") - Fitted with an ample range of wall, floor and drawer cabinets, matching worksurfaces and stainless steel sink unit.
The integrated appliances include an electric oven and gas hob, washing machine and plumbing and space for dishwasher. The kitchen has a window to the rear aspect and has tiled surrounds.
Bedroom One - 3.47 x 3.15 (11'4" x 10'4") - A good sized double bedroom with a window to the front aspect and benefitting from ensuite facilities and sliding door wardrobes.
Ensuite - With single shower cubicle with electric shower, pedestal handbasin and low level WC.
Bedroom Two - 3.13 x 2.25 (10'3" x 7'4") - A well proportioned single bedroom with a window to the front aspect. Bathroom/Wc - With panelled bath, pedestal handbasin and WC.
Externally - There is a paved driveway and single integral garage (which measures 2.53m x 1.66m) and has an up and over door, light and power.
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.
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FAQ
About Nursery Lane, Merrybent
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