1-bedroom flat · DL1 5JJ
To rentListed 224 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Superb 1 bedroom apartment in the popular development of The Coachman. The property is located next to Darlington Railway Station, with direct links to the centre of Newcastle.
An excellent development the former railway hotel is close to all local amenities including schools, transport and the abundance of shops, bars & restaurants the town has to offer.
The listed rent is inclusive of utility bills. ENTRANCE HALLWAY Entrance hallway with access to all principle rooms. There is a secure telephone entry system which gives guests access to the property.
OPEN PLAN LIVING KITCHEN To one end is a high spec fitted kitchen with integrated electric hob, oven and stainless steel extractor with splash backs. There room is light and airy.
It benefits from Large glazed windows, Wall mounted heaters. BATHROOM Modern bathroom suite comprising of a large shower, low level WC, pedestal hand wash basin and wall mounted heated towel radiator.
BEDROOM 1 Large double bedroom with glazed window to the rear aspect. There is a wall mounted heater and extra space for a wardrobe. A Viewing is essential to appreciate this lovely apartment.
Please note images & floor plan shown are a guide only and may differ between flats.
If you are wanting to apply for the property; The property would not be removed from the market to let until we receive a holding fee. This is equivalent of 1 week rent.
Upon a successful application this amount would be deducted from the move in fund payment request which would be required a few days prior to move in.
To pass the rent affordability checks you will need to have a income of 30 times the monthly rent otherwise you will be asked to provide a guarantor.
Application processing times can take anywhere between 1-10 days, this is all dependent on your and your referees response times.
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
Agent & docs
FAQ
About The Coachman 135 Victoria Road, Darlington, County Durham, DL1
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