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Westmoreland Street, Darlington

North East

£70,000

Listed on 27/05/2026

Property Details

Bedrooms
3
Type
Terraced

Description

This end terrace property presents a solid investment opportunity in Darlington, currently generating a rental income of £10,500 per annum from tenants paying £875 per month. The two-story layout includes a hallway, lounge, dining area, and modern kitchen on the ground floor, along with three bedrooms—two doubles and one single—and a family bathroom upstairs. The property is equipped with gas central heating and double glazing, which enhances energy efficiency (EPC rating D). The enclosed rear yard adds to the property's appeal. With similar properties in the vicinity achieving sales upwards of £110,000, there is significant potential for value appreciation. Furthermore, there may be opportunities to explore HMO conversion for maximizing rental yield, contingent upon necessary planning approvals. Located conveniently near local amenities and transport links, this property is ripe for renovation to enhance both its marketability and return on investment.

Investment Analysis

(DL3 area)
Area Average
£172/sq ft
Avg Rent (weekly)
£152
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
55
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (DL3)

Area prices are stable by +0.3% over the last 12 months
3 year growth: +0.2%
5 year growth: -3.8%
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

Westmoreland Street, Darlington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£250
Based on a loan of £52,500 over 30 years at 3.97% 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.

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