2-bedroom flat · DL1 3PU
Let agreedReduced £5 (−0.8%) on 5 AugListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming newly redecorated second-floor flat located on Lismore Drive in Darlington.
Spanning an impressive 646 square feet, this unfurnished property offers a comfortable living space ideal for individuals or small families.
Upon entering, you will find a well-proportioned reception room that provides a welcoming atmosphere, perfect for relaxation or entertaining guests.
The flat features two spacious bedrooms, allowing for ample personal space. The bathroom is conveniently located, ensuring ease of access for all residents.
This property has been thoughtfully updated with new carpets and flooring throughout, enhancing its appeal and providing a fresh, clean environment.
Additionally, newly fitted electric heaters have been installed, ensuring energy efficiency and warmth during the colder months.
Security is a priority, with a secure entry system in place, giving you peace of mind.
The location is particularly advantageous, situated close to a large asda supermarket and a petrol station, making daily errands convenient.
Furthermore, the flat offers simple access to the bypass and major roads, making commuting and travel straightforward.
This delightful flat presents an excellent opportunity for those looking to settle in a well-connected area of Darlington. Council Tax: A EPC: D
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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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 27, Lismore Drive, Darlington
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