2-bedroom flat · DL1 2GB
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented and spacious ground floor apartment situated in a quiet development just of Haughton Rd in Darlington.
The property has an open plan kitchen/lounge with an area for a dining table, two double bedrooms, one with an en-suite shower room, bathroom and allocated parking bay.
The apartment is offered to the market on a furnished basis.
Hall Lounge Dining Area (5.54m x 3.18m (18'2 x 10'5)) Kitchen (2.79m x 2.29m (9'2 x 7'6 )) Bedroom 1 (4.45m x 3.45m (14'7 x 11'4)) Ensuite Shower Room Bedroom 2 (4.01m x 1.83m 2.74m (13'2 x 6' 9)) Bathroom (2.06m x 2.21m (6'9 x 7'3)) Allocated Parking Bay Council Tax Band B Holding Deposit All of our rental properties require a Holding Deposit equivalent to 1 week’s rent.
The Tenant is entitled for this Holding Deposit to be repaid within 15 calendar days of their application proceeding.
However, in most cases we hope to repay this to the Tenant on the day you move in and this will be deducted from your first month’s rent.
This will need to be agreed with the Tenant during the application process. 1. You give us false or misleading information.
For example, incorrect salary/income details or you fail to tell us about a ccj. 2. You fail a Right to Rent check and are not eligible to reside in the UK. 3. You withdraw your application. 4.
You fail to take steps to enter into the tenancy by taking an unreasonable amount of time to complete and submit your application form, failing to provide necessary id and accompanying documents within a reasonable amount of time or being unable to provide a definitive move in date.* *Please be aware that all of the above is also relevant to any guarantor applications that may support your tenancy.
Deposit (Bond) The deposit (bond) amount is equivalent to 5 weeks’ rent.
Venture Properties We are Darlington's leading letting agent, letting more properties than any other agent in Darlington, and are proud to be an independent company. What does this mean for tenants?
If the property is managed by Venture Properties, you will be assigned your own Property Manager who will look after you during the duration of your tenancy.
The staff will be located in our Darlington office and not in a call centre out of town, which you will get with some other agents.
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.
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 advisors 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 Rymers Court, Darlington
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