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 house · DL1 4BQ
Listing removedListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located on Grasmere Road in the popular town of Darlington, this well presented two-bedroom mid-terraced house presents an excellent opportunity for both first-time buyers and investors alike.
Recently decorated, the property boasts a fresh and inviting atmosphere, enhanced by new carpets and flooring throughout, ensuring a modern and comfortable living space.
The house features a well-proportioned reception room, perfect for relaxing or entertaining guests.
The two bedrooms offer ample space for rest and relaxation, making it an ideal home for small families or professionals. The bathroom is conveniently located, catering to the needs of everyday living.
One of the standout features of this property is its no onward chain status, allowing for a smooth and efficient purchase process.
Additionally, the location is highly advantageous, with easy access to a variety of amenities.
Residents will find themselves just a short distance from Darlington Mainline Railway Station, providing excellent transport links for commuters.
Furthermore, local schools and retail parks are within close proximity, ensuring that all essential services and leisure activities are readily available.
With its appealing features and prime location, this terraced house on Grasmere Road is a fantastic opportunity not to be missed.
Whether you are looking to make it your home or seeking a property with good investment potential, this residence is sure to meet your needs.
Entrance Porch Lounge (4.09m x 3.86m (13'05 x 12'08)) Upvc double glazed window to the front and radiator with under stairs storage.
Kitchen/Diner (4.17m x 2.36m (13'08 x 7'09)) Upvc double glazed window and door to the rear.
Fitted with a range of oak wall, base and drawer units with contrasting work surfaces and part tiled walls, 4 ring gas hob, oven and extractor, concealed boiler, space for washing machine and fridge freezer, one and a half stainless steel sink unit with mixer taps, newly fitted vinyl flooring.
Staircase/Landing Bedroom One (4.17m x 2.97m (13'08 x 9'09)) Upvc double glazed window to the front and radiator. Bedroom Two Upvc double glazed window to the rear and radiator.
Bathroom Fitted with a panelled bath with shower and screen low level w.c. And wash hand basin, vinyl flooring. Externally There is an enclosed courtyard to the rear with two sheds and gated access.
Note Important note to purchasers: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. We cannot also confirm at this stage of marketing the tenure of this house. Tenure
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
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FAQ
About 48, Grasmere Road, Darlington
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