Lowther Drive, Darlington, Durham, DL1
BR

Lowther Drive, Darlington, Durham, DL1

By Bridgfords

£ 70,000

Reviews

2 out of 5 stars

Bridgfords says ..

This beautifully presented ground-floor apartment is available for sale with a tenant in situ, currently under agreement until August 2025, offering a strong rental yield. Situated in a modern development close to shops, schools, and public transport links, it is an ideal investment opportunity. ...

Property Oracle says ..

This one-bedroom flat in Darlington, located on Lowther Drive, is presented as a potential investment opportunity due to its current occupancy by a sitting tenant paying £550 per calendar month. The property itself appears to be in good condition, with a modern interior featuring updated flooring, kitchen, and bathroom. The photos show a clean and well-maintained space. The location in Darlington offers proximity to the train station and various amenities, enhancing its appeal. However, a significant drawback is the complete lack of outdoor space, which is a common feature of flats but still impacts desirability. The price of £70,000 requires further analysis given the absence of square footage data for comparable properties in the area. While the monthly rental income from the sitting tenant adds value, the overall assessment relies on a more thorough comparison with similar properties to determine if the asking price represents good value. The absence of information regarding leasehold details (length of lease, service charges etc.) also limits a full and comprehensive analysis.

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
6
Condition
7
Location
7
Land
1
Bedrooms
1
Bathrooms
1
Sqft (est)
505.58

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
108,333.00 £
Increased by 3.38 %
from 104,790.00 £
Est sale value
92,015.56 £
Increased by 50.41 %
from 61,175.18 £
Average area rental value
668.00 £/mo
Increased by 0.75 %
from 663.00 £/mo
Est letting value
505.58 £/mo
from 0.00 £/mo
Est rental Yield
7.40 %
Decreased by 2.50 %
from 7.59 %
Crime Rate
3.00 %
Unchanged by 0.00 %
from 3.00 %

Agent Activity

  • Bridgfords created the listing.

Nearby Schools

NameTypeOfstedDistance
Dodmire Children'S CentreChildren's Centre0.64 KM
The Rydal AcademyAcademy Sponsor LedGood0.64 KM
Skerne Park AcademyAcademy Sponsor LedRequires improvement0.91 KM
Skerne Park Children'S CentreChildren's Centre1.24 KM
Borough Road Nursery SchoolLocal Authority Nursery SchoolGood1.25 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Geneva Road £ 122,85000.00 KM
Belvedere Road £ 94,16700.00 KM
Azalea Drive £ 000.00 KM
Levisham Lane £ 000.00 KM
Snipe Lane £ 246,91800.00 KM

Nearby Transport

NameNLCTLCDistance
Darlington7877DAR0.70 KM
North Road (Darlington)7895NRD2.59 KM
Dinsdale7897DND8.54 KM

Nearby Listings

AddressPriceTypeScoreDistance
Lowther Drive, Darlington, Durham, DL1 £ 70,000BUY5 / 100.00 KM
Lowther Drive, Darlington £ 75,000BUY5 / 100.08 KM
Lowther Drive, Darlington £ 165,995BUY6 / 100.09 KM
Lowther Drive, Darlington, DL1 4LU £ 175,000BUYUnknown0.10 KM
Lowther Drive, Darlington, DL1 4LU £ 175,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
6 Lowther Drive £ 118,0000.00 KM
86 Lowther Drive £ 70,0000.00 KM
156 Lowther Drive £ 155,9950.00 KM
2 Lowther Drive £ 115,8000.00 KM
96 Lowther Drive £ 102,7750.00 KM