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 terraced house · DL3 6NT
Sold STCReduced £7k (−10.8%) on 26 OctListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-positioned two-bedroom mid-terraced property on Barningham Street, Darlington presents an excellent turnkey investment opportunity for buy-to-let investors seeking immediate income and long-term stability.
Extending to approximately 761 sqft, the property is offered at £65,000 with long-term tenants already in situ paying £500 PCM (£6,000 per annum), delivering a strong net yield of approximately 9.2%.
The accommodation comprises a spacious lounge, separate dining room, fitted kitchen, two good-sized bedrooms, and a three-piece family bathroom.
The property is freehold, falls within Council Tax Band A, and benefits from an EPC rating of D, offering a solid and affordable rental proposition for tenants.
Situated within a popular residential area, the property is conveniently located within walking distance of North Road Train Station and only a short drive from Darlington town centre.
Darlington continues to attract strong tenant demand thanks to its affordability, transport connectivity, and ongoing regeneration.
The town provides direct rail links via the East Coast Main Line, easy access to the A1(M), and a range of local employers, retail facilities, and amenities, making it particularly attractive to working professionals and long-term renters.
With an established tenancy, low entry price point, freehold tenure, attractive yield, and generous internal space, this property represents a straightforward and income-producing addition to any investment portfolio.
LET PURE INVESTOR TAKE THE STRAIN AWAY … We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio.
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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.
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FAQ
About Barningham Street, Darlington
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