How much is Greenbank Road, Darlington?

The asking rent is £490 a month.

No floorplan from the agent

Greenbank Road, Darlington

Studio flat

1 bath

Asking rent

£490/mo

To rentListed 3 days

Character

Investor metrics

HMO Article 4 Direction AreaDarlington Borough Council Article 4 Direction - Houses in Multiple Occupation · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Property Reference: 3086168. We are proud to offer this delightful studio flat within walking distance of the Town Centre.

Recently renovated throughout with a new Gas Central Heating System, UPVC windows and Insulated to a high standard.

A number of the Original Victorian features have been retained giving the flat a traditional look with a modern colour scheme lending itself towards a contemporary feel.

Flat door leads into a Lobby area with understairs cupboard.

Off which is the Kitchen with built in cooker, and domino ceramic hob with black angled cooker hood, grey splash back tiles and ample cupboard space.

Free standing Washing Machine and Fridge Freezer are included Leading from the Lobby is a large Living room which doubles up as the bedroom, which has a Radiator, ample sockets and front door intercom.

From the living room is the bathroom with shower cubicle with white brick tiles and contrasting grey grout. Mains pressure power shower, vanity sink unit and grey column radiator.

New floor coverings throughout, recently decorated. Smoke Alarms throughout. Water Rates are included.

Excludes Gas, Electric and Council Tax (Band A) Summary & Exclusions: - Rent Amount: £490.00 per month (£113.08 per week) - Deposit / Bond: £490.00 - 1 Bedrooms - 1 Bathrooms - Property comes furnished - Available to move in from 09 November 2026 - Maximum number of tenants is 2 - Students welcome to enquire - No Smokers - Bills not included - Property has parking - No Garden Access - EPC Rating: C If calling, please quote reference: 3086168 Fees: You will not be charged any admin fees.

** Contact today to book a viewing and have the landlord show you round! ** Request Details form responded to 24/7, with phone bookings available 9am-9pm, 7 days a week.

OpenRent endeavours to make all property particulars as accurate and reliable as possible, however if you require any further clarification or information please contact us.

When applying for a tenancy using the Rent Now process, you will be required to pay one month's rent and any deposit before moving in.

This will be paid to OpenRent and released to the landlord once you have moved in. With OpenRent there are no administration fees to pay.

Character

Key information

Furnished state

Furnished

Available From

9 Nov 2026

Students

Students Accepted

Council tax band

Band A

Estimated ~£1,200/year

Local authority

Darlington

Unitary Authority

Value & comps

How does the rent compare?

No previous sales on record.

Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

Returns

What does it return?

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

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Model

Run the numbers.

Strategy: R2R · full calculator

R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit

Investment Disclaimer

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

Is it a deal?

Archie’s verdict

Archie has scored this property.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.