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See how verdicts work2-bedroom flat · DL3 0GA
Listing removedReduced £4k (−4.4%) on 7 JulListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this well presented two-bedroom first-floor apartment, located on Alverton Drive in the heart of Darlington.
This delightful property offers a perfect blend of comfort and convenience, making it an ideal choice for first-time buyers or those seeking a low-maintenance living space.
As you enter the apartment, you are greeted by an open aspect living area that is both spacious and inviting.
This well-designed space is perfect for relaxing or entertaining guests, allowing for a seamless flow between the living and kitchen areas.
The natural light that floods in enhances the warm and welcoming atmosphere, making it a lovely place to unwind after a long day.
The apartment features two well-proportioned bedrooms, providing ample space for rest and relaxation. The bathroom is conveniently located, ensuring that all essential amenities are within easy reach.
One of the best features of this property is the off-street allocated parking, which is a rare find in many urban settings.
This added convenience means you can enjoy peace of mind knowing your vehicle is secure and easily accessible.
Situated close to local amenities, this apartment offers easy access to shops, cafes, and public transport, making it a practical choice for those who value both comfort and convenience.
In summary, this two-bedroom first-floor apartment on Alverton Drive is a fantastic opportunity for anyone looking to step onto the property ladder.
With its open living area, allocated parking, and proximity to amenities, it truly is a must-see. Don’t miss your chance to make this lovely apartment your new home.
Entrance Hallway Entrance door and hallway, including storage cupboard. Lounge/Kitchen (5.77m x 3.15m (18'11" x 10'4)) A bright and airy open aspect room with door to Juliette style balcony.
The kitchen area is well presented with contrasting worktops that compliment the rest of the room.
Equipped with cooker and oven with extractor over, stainless steel sink with mixer tap and an integrated wine rack. Part tiled walls and space for appliances.
Bedroom One (3.459 x 2.857 (11'4" x 9'4")) Window and radiator. Bedroom Two (2.832 x 2.533 (9'3" x 8'3")) Window, built in cupboard and radiator.
Bathroom Panelled bath, wash hand basin and low level w.c. Part tiled walls. Externally Allocated parking space.
Tenure We are advised that the current owners have purchased the leasehold of this home paying approx £73 per month towards the upkeep of the communal areas and general gardening and cleaning.
Tenure Leasehold Lease Start DateBETA 02 Sep 2004 Lease End DateBETA 31 Aug 3003 Lease TermBETA 999 years from 31 August 2004 Lease Term RemainingBETA 979 years Property Details Local Authority: Darlington Council Tax Band: B Annual Price: £1,940 Conservation Area No Flood Risk Very low Floor Area 602 ft 2 / 56 m 2 Plot size 0.03 acres Mobile coverage EE Vodafone Three O2 Broadband Basic 1 Mbps Superfast 78 Mbps Ultrafast 1800 Mbps Satellite / Fibre TV Availability BT Sky Virgin 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.
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
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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 87, Alverton Drive, Darlington
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