We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DL1 5YE
For saleReduced £5k (−5.4%) on 26 OctListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located within the west end of Darlington within 5 minutes walk to the superb South Park, Darlington town centre and main line train station.
This well presented ground floor apartment is offered for sale with NO ONWARD CHAIN.
The property is well presented and briefly comprises entrance hallway giving access to two good sized bedrooms bathroom, living/dining room and kitchen.
There is allocated parking plus visitor parking. Tenure - The property is leasehold held on a 99 year lease with 72 years remaining from 2022.
Management company is Darlington Chelsea Court Limited and is owned by most flat owners within the block. Each flat owner has a single share. Ground Rent: £0 Service Charge: Approximately £102 pcm.
General Information - Tenure: Leasehold Services: gas central heating, mains electric, water and drainage.
Double glazing Local Authority: Darlington Borough Council (Tax Banding C) Buyers please note that property will be vacant possession (furniture does not form part of the fixtures and fittings) 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 advisers 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 Marlborough Drive, Darlington
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