2-bedroom flat · DL1 2GB
Listing removedListed 813 days
Opportunity summary
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About
26 Rymers Court, Darlingoton, DL1 2GB. We are acting in the sale of the above property and have received an offer of £65,000 on the above property.
Any interested parties must submit any higher offers in writing to the se ling agent before exchange of contracts takes place ** reduced ** ground floor apartment ** no onward chain ** allocated parking ** good transport links** desirable location ** Smith and Friends have pleasure in bringing this spacious two bed apartment to the market.
Situated in a modern apartment block in the ever popular Haughton Village area of Darlington, the property lies close to local amenities including shops, pub and supermarket.
Good transport links to the A66, A1(M) and train station are within easy reach. In our opinion the property will suit a variety of purchasers including making an ideal investment opportunity.
Early viewing is recommended. Please Note: Council tax band B. Leasehold basis.
EPC Band C ground rent approx £200 per year Service charge currently £141 per month Lease is 999 years from 2006 =980 years remaining.
Please contact Smith & Friends - Darlington In brief the apartment comprises of a spacious hallway, well proportioned open plan kitchen and lounge/diner, two good sized bedrooms, en-suite and bathroom.
Externally There are shared gardens to the front of the property and an allocated parking bay to the rear.
Hallway Lounge (3.96m’1.22m x 3.66m’2.44m into bay window (13’4 x) Kitchen (2.74m’2.44m x 1.52m’3.05m (9’8 x 5’10)) Bedroom (3.05m’2.44m x 2.74m’2.44m (10’8 x 9’8)) En-Suite Shower Room (2.13m’0.00m x 0.91m’1.83m (7’0 x 3’6)) Bedroom (2.74m’3.05m x 1.83m’2.44m (9’10 x 6’8)) Bathroom/W.C.
(2.13m’0.00m x 1.52m’1.83m (7’0 x 5’6))
Value & comps
No previous sales on record.
Returns
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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 26, Rymers Court, Darlington
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