Studio flat · DL3 6EJ
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Northgate's are pleased to offer, with immediate vacant possession, this studio apartment situated on the ground floor.
The property is conveniently located close to the town centre and Darlington Memorial Hospital, making it ideal for key workers.
Rent: £525 per calendar month (pcm) Deposit: £605 Holding Deposit: Applies Utilities Included: Gas, Electric, and Water are included in the rental price.
Accommodation Details: Communal Hallway: Shared entrance area leading to the apartment.
Lounge/Bedroom/Kitchen: Combined living, sleeping, and kitchen area with integrated appliances, including a fridge and washing machine.
Shower Room with W.C.: Separate shower room with toilet facilities. Communal Areas: Forecourt garden to the entrance and a communal courtyard to the rear.
Restrictions: No smoking or pets are allowed in the property.
Income Requirements: Applicant Minimum Income Required: £15,750 Guarantor Minimum Income Required: £18,900 What this means: You need to earn at least £15,750 annually to meet standard UK rental criteria.
If you earn less, you may need a guarantor earning £18,900 per year. This studio apartment is available for immediate possession. EPC Rating: D
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.
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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 Flat 2, 26 Greenbank Road, Darlington
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