49 Corporation Road, Darlington, County Durham, DL3 6AD
AU

49 Corporation Road, Darlington, County Durham, DL3 6AD

By Auctions

£ 275,000

Reviews

2 out of 5 stars

Auctions says ..

Guide Price £275,000 For sale by public auction on . Welcome to this charming 7 Bedroom HMO property, a lucrative investment opportunity now available for sale by online auction. This spacious property is currently attracting income from 2 tenants, with one paying £525pcm and the othe...

Property Oracle says ..

This seven-bedroom terraced property on Corporation Road, Darlington, is presented as a promising investment opportunity, marketed as an HMO. Its recent refurbishment is evident in the photographs, showcasing modern kitchens and bathrooms with a consistent design. The property’s proximity to Corporation Road Community Primary School and relatively close distance to Darlington town centre and train stations are significant advantages. The condition of the property appears very good. However, crucial details are lacking, notably the property’s square footage, plot size, and a complete description of the condition of the property beyond that shown in the photographs. The listed price is high compared to similar terraced properties in the vicinity, raising concerns about its value proposition. Further due diligence, including a survey and independent valuation, would be necessary to ascertain if the listed price accurately reflects the market value, taking into account the potential rental income of the HMO. The lack of outdoor space also impacts its overall appeal and potential value.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
1
Bedrooms
7
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
183,456.00 £
Increased by 10.92 %
from 165,395.00 £
Average area rental value
818.00 £/mo
Decreased by 2.27 %
from 837.00 £/mo
Est rental Yield
5.35 %
Decreased by 11.86 %
from 6.07 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • Auctions created the listing.

Nearby Schools

NameTypeOfstedDistance
Corporation Road Community Primary SchoolAcademy Sponsor LedRequires improvement0.07 KM
Mcnay Street Sure Start Children'S CentreChildren's Centre0.46 KM
George Dent Nursery SchoolLocal Authority Nursery SchoolOutstanding0.73 KM
Reid Street Primary SchoolAcademy ConverterGood0.87 KM
Rise Carr CollegePupil Referral UnitGood1.12 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
King Street £ 000.00 KM
North Road £ 000.00 KM
Northgate £ 000.00 KM
Burns Yard £ 000.00 KM
Barlby Drive £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
North Road (Darlington)7895NRD0.60 KM
Darlington7877DAR1.63 KM
Heighington7887HEI7.77 KM
Newton Aycliffe7834NAY9.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
49 Corporation Road, Darlington, County Durham, DL3 6AD £ 240,000BUY6 / 100.00 KM
Corporation Road, Darlington £ 168,000BUY5 / 100.01 KM
Corporation Road, Darlington £ 170,000BUYUnknown0.07 KM
Thornton Street, Darlington £ 115,000BUY6 / 100.10 KM
Thornton Street, Darlington £ 70,000BUY5 / 100.12 KM

Nearby Properties

AddressPriceDistance
75 Corporation Road £ 36,0000.09 KM
33 Corporation Road £ 150,0000.09 KM
65 Corporation Road £ 120,0000.09 KM
83 Corporation Road £ 135,0000.09 KM
39 Corporation Road £ 71,0000.09 KM