Sillars says ..
Rare investment opportunity in the West End – block of five self-contained flats generating £2,545 monthly income. Prime location with fully occupied units, and potential to increase rental yields to £3,225/month. Ideal for savvy investors seeking stable returns and growth in a sought-after locale.
Property Oracle says ..
This property is listed as a block of apartments on Cleveland Avenue, Darlington. The location is advantageous due to its proximity to schools and transport links. However, the condition of the property suggests that it requires renovation and modernisation. The property includes a garden, which is a positive feature. The asking price of £550,000 appears high compared to other properties in the area, but this could be justified by the property being a block of apartments. Further investigation is recommended to assess the number of units and their individual conditions to determine if the price is reasonable.
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
- 5
- Condition
- 4
- Location
- 7
- Land
- 7
- Bedrooms
- 6
- Bathrooms
- 6
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
- 256,238.00 £Decreased by 27.02 %
- Average area rental value
- 898.00 £/moIncreased by 17.23 %
- Est rental Yield
- 4.21 %Increased by 60.69 %
- Crime Rate
- 0.00 %
Agent Activity
Sillars created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Augustine'S Rc Primary School | Academy Converter | 0.54 KM | |
| Queen Elizabeth Sixth Form College | Further Education | Good | 0.57 KM |
| Polam Hall School | Free Schools | Good | 0.76 KM |
| Abbey Infants' School | Academy Converter | 0.94 KM | |
| Abbey Junior School | Academy Converter | Good | 1.01 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Kendal Close | £ 109,950 | 0 | 0.00 KM |
| West Powlett Street | £ 0 | 0 | 0.00 KM |
| Parkside | £ 0 | 0 | 0.00 KM |
| Friends School Yard | £ 0 | 0 | 0.00 KM |
| Pine Grove | £ 297,500 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Darlington | 7877 | DAR | 2.23 KM |
| North Road (Darlington) | 7895 | NRD | 2.25 KM |
| Heighington | 7887 | HEI | 8.58 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cleveland Avenue, Darlington, DL3 | £ 550,000 | BUY | 5 / 10 | 0.00 KM |
| Cleveland Avenue, Darlington | £ 625,000 | BUY | 7 / 10 | 0.03 KM |
| 1 Cleveland Avenue, Darlington | £ 625,000 | BUY | Unknown | 0.06 KM |
| Cleveland Terrace, Darlington, Durham, DL3 | £ 120,000 | BUY | 5 / 10 | 0.12 KM |
| Cleveland Terrace, Darlington | £ 475,000 | BUY | 7 / 10 | 0.12 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 20 Cleveland Avenue | £ 295,000 | 0.01 KM |
| 23 Cleveland Avenue | £ 258,000 | 0.01 KM |
| 12 Cleveland Avenue | £ 249,950 | 0.01 KM |
| 25 Cleveland Avenue | £ 235,000 | 0.01 KM |
| 22 Cleveland Avenue | £ 180,000 | 0.01 KM |