2-bedroom house · DL1 5AF
Sold STCListed 749 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Park Lane, Darlington, this terraced house offers a wonderful opportunity for those seeking a new home.
In need for improvement works as is reflected within the competitive asking price, however this deceptively spacious home benefits from gas fired central heating and double glazing.
The property's two reception rooms offer versatility and space, allowing for various living arrangements to suit your lifestyle.
Conveniently located, this house is ideal for those who value easy access to the train station and the town center.
Whether you're commuting to work or exploring the local amenities, this property's location ensures you're always well-connected.
With no onward chain and competitively priced to reflect improvement works, this house presents a fantastic opportunity to create a home tailored to your tastes and preferences.
Don't miss out on the chance to make this property your own and enjoy the comforts and convenience it has to offer.
General Information Tenure: Freehold Services: Gas central heating, mains electric, water and drainage.
Double glazing Local Authority: Darlington(Tax Banding A) Buyers Identification Checks Should a purchaser(s) have an offer accepted on a property marketed by Carver Residential they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (aml) and is a legal requirement.
We use a specialist third party service to verify your identity, this is not a credit check and will have no effect on credit history. The cost of these checks is £36 inc.
VAT per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
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
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 advisors 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
FAQ
About 87, Park Lane, Darlington
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