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Mayfair Road, Darlington DL1

North East

£80,000
Listed on 13/12/2025

Property Details

Bedrooms
2
Type
Detached house

Description

This unique mixed-use property located in the sought-after Harrowgate Hill area of Darlington presents a compelling opportunity for investors and those looking to undertake a renovation project. The property features a large commercial shop unit alongside a self-contained flat, which is well-suited for live/work arrangements or as part of a rental strategy. Currently, the commercial space includes a spacious retail area with necessary kitchen and toilet facilities, and the residential portion offers a flexible layout with multiple rooms, kitchen, and bathroom suitable for modern living. While the property requires refurbishment, it holds great potential to enhance its value. Investors can explore various avenues such as maintaining the current setup, converting the premises into two separate flats (subject to planning), or even considering the addition of an extra floor to increase dwelling units. Located in close proximity to local amenities and excellent transport links to Darlington town centre, this property is an attractive proposition for both residential tenants and businesses alike.

Investment Analysis

(DL1 area)
Area Average
£157/sq ft
Avg Rent (weekly)
£160
Avg Yield
5.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
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
44%
Properties sold annually

Local Market Trend (DL1)

Area prices are rising by +6.6% over the last 12 months
3 year growth: +12.7%
5 year growth: +20.0%
Investment Disclaimer: Analysis based on DL1 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

Mayfair Road, Darlington DL1
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£289
Based on a loan of £60,000 over 30 years at 4.06% 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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