Victoria Road, Darlington, DL1
BR

Victoria Road, Darlington, DL1

By BRH

£ 2,995,000

Reviews

2 out of 5 stars

BRH says ..

Discover the ultimate investment opportunity with this ultra-luxury apartment block on Victoria Road, Darlington. Featuring 39 apartments, this property offers a modern style throughout and boasts very high occupancy rates

Property Oracle says ..

This property is a block of 39 apartments located on Victoria Road in Darlington, County Durham. The listing describes it as an “ultra-luxury apartment block” with a modern style and high occupancy rates. The provided photographs depict modern and well-maintained interiors with contemporary furnishings and fixtures in the apartments. The apartments appear to be newly renovated or refurbished. The location is convenient due to its proximity to Darlington Train Station and several schools, offering good transport links and educational facilities in close proximity. However, the lack of information on the overall size and characteristics of each individual apartment as well as the fact there is no external land associated with the building requires cautious consideration. A detailed financial analysis would be required to determine the overall value proposition considering the asking price and its suitability as an investment property, particularly given the lack of comparable sales data and the overall size of each individual apartment. More information on factors like rental income, potential for future appreciation, and management costs would be necessary to provide a comprehensive evaluation.

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
39
Bathrooms
39
Sqft (est)
2,511.44

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
343,750.00 £
Increased by 10.06 %
from 312,318.00 £
Est sale value
725,806.16 £
Increased by 14.68 %
from 632,882.88 £
Average area rental value
900.00 £/mo
Decreased by 14.61 %
from 1,054.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.14 %
Decreased by 22.47 %
from 4.05 %
Crime Rate
8.00 %
Unchanged by 0.00 %
from 8.00 %

Agent Activity

  • BRH created the listing.

Nearby Schools

NameTypeOfstedDistance
Borough Road Nursery SchoolLocal Authority Nursery SchoolGood0.48 KM
The Rydal AcademyAcademy Sponsor LedGood1.01 KM
Dodmire Children'S CentreChildren's Centre1.01 KM
Skerne Park AcademyAcademy Sponsor LedRequires improvement1.08 KM
Darlington CollegeFurther EducationGood1.22 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Steeplejack Way £ 000.00 KM
Belvedere Road £ 94,16700.00 KM
Feethams South £ 000.00 KM
Russell Street £ 000.00 KM
Haughton Road £ 100,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Darlington7877DAR0.13 KM
North Road (Darlington)7895NRD1.78 KM
Dinsdale7897DND8.99 KM
Heighington7887HEI9.21 KM

Nearby Listings

AddressPriceTypeScoreDistance
Pensbury Street, Darlington, Durham, DL1 £ 105,000BUY6 / 100.10 KM
Waverley Terrace, Darlington £ 125,000BUYUnknown0.15 KM
Hargreave Terrace, Darlington, County Durham £ 90,000BUY5 / 100.17 KM
Pensbury Street, Darlington £ 80,000BUY4 / 100.18 KM
Hargreave Terrace, Darlington £ 100,000BUY6 / 100.22 KM

Nearby Properties

AddressPriceDistance
137 Victoria Road £ 170,0000.03 KM
127 Victoria Road £ 95,0000.03 KM
12 Waverley Terrace £ 28,2000.15 KM
21 Waverley Terrace £ 105,0000.15 KM
15 Waverley Terrace £ 108,0000.15 KM