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Greenbank Rd, Darlington

North East

£450,000
Listed on 22/11/2025

Property Details

Bedrooms
26
Type
Detached house

Description

This former hotel, featuring 26 bedrooms, represents a significant opportunity for investors seeking a renovation or redevelopment project. The property encompasses substantial communal areas and extensive grounds, offering ample space for various potential developments (pending planning approval). With its notable facade and multiple access points, the internal configuration allows for versatile reimagining to suit contemporary needs. Presently, the layout includes expansive reception spaces, a commercial kitchen, a dining area, along with several en-suite rooms spread over multiple levels, providing a strong foundation for any transformation.

Investment Analysis

(DL3 area)
Area Average
£173/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £800,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
48
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DL3)

Area prices are rising by +7.3% over the last 12 months
3 year growth: 11.1%
5 year growth: 5.6%
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.

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Location

Greenbank Rd, Darlington
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