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Skinnergate, Darlington

North East

£370,000

Listed on 19/11/2025

Property details

Bedrooms
N/A
Type
Commercial Property

Description

This investment opportunity features a mixed-use property located in the heart of Darlington's conservation area, consisting of six retail units on the ground floor and a vacant upper level that holds significant development potential. The property is strategically situated at the intersection of Skinnergate and Post House Wynd, offering excellent visibility and access. Additionally, there is an enclosed rear yard that could serve various purposes, enhancing the overall usability of the space. With thoughtful renovations, this block could yield substantial returns through either ongoing rental income or conversion into residential flats or offices.

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Investment analysis

(DL3 area)
Area Average
£172/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
47
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (DL3)

Area prices are falling by -4.7% over the last 12 months
3 year growth: -0.5%
5 year growth: -7.4%
Investment Disclaimer: Analysis based on DL3 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Skinnergate, Darlington
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Mortgage calculator

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,398
Based on a loan of £277,500 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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