2-bedroom flat · DL3 9JS
Listing removedListed 64 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to rent a fully refurbished two bed roomed first floor apartment situated on Banklands Court in the desirable Cockerton area of Darlington.
This beautiful residence has its own front door and is briefly comprised of an entrance porch way, a living room, kitchen, two bedrooms and a modern, contemporary bathroom.
The welcoming entrance porch way is tastefully decorated in neutral tones. A staircase leads to the first floor landing.
The landing has a wooden double glazed window to the side elevation and two cupboards providing useful storage.
The beutifully presented and most spacious living room is warmed by two central heating radiators and is tastefully decorated in neutral tones.
The living room has two wood framed double glazed windows to the front of the property with pleasing views overlooking the Railway Athletic Grounds.
The modern and most contemporary kitchen / breakfast room is fitted with a comprehensive range of wall, floor and drawer units with contrasting worktops incorporating a stainless steel sink and drainer.
The kitchen benefits from an electric cooker with hob and overheard extractor hood, plumbing for an automatic washing machine, part tiled walls, a wall mounted baxi boiler, space for fridge/freezer, a double glazed window to the rear elevation and a double radiator.
There is a double bedroom with a wood framed double glazed window overlooking the front of the property.
This bedroom is tastefully decorated in neutral tones and is warmed by a central heating radiator.
There is a further bedroom warmed by a central heating radiator and is tastefully decorated in neutral tones. This bedroom benefits from a double glazed window and a cupboard providing useful storage.
The modern bathroom has vinyl flooring and partially tiled walls and is fitted with a suite comprising of a panelled bath, a wash hand basin and low level WC.
There is a wood framed double glazed window to the rear elevation and a central heating radiator. Externally this charming apartment benefits from an allocated parking bay and communal grounds.
Banklands Court occupies an extremely pleasing position on a popular residential development which is situated within walking distance of an extremely good range of local shops and amenities at Cockerton Village.
The property is also ideally placed for Darlington`s memorial hospital.
A more comprehensive range of shopping and recreational facilities and amenities are available in Darlington Town Centre which lies a short drive away.
The property is well placed for travel to the business and commercial centres throughout the region via the A1M and the A66. We recommend viewings at the earliest opportunity to avoid disappointment.
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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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 8, Banklands Court, Darlington
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