Parkgate, Darlington
AN

Parkgate, Darlington

By Ann Cordey Estate Agents

£ 81,000

Reviews

2 out of 5 stars

Ann Cordey Estate Agents says ..

Ideal investment opportunity! 110 Parkgate contains a one bedroom flat which is currently vacant, along with a business premises currently used as a Nail Bar yielding £400 per calendar month. We expect the flat above to yield a similar rent in the current market. There is an option to retain the ...

Property Oracle says ..

The property is a one-bedroom apartment located in Parkgate, Darlington, with a list price of £81,000. The apartment benefits from a private balcony overlooking a car park. The interior is modern with a newly fitted kitchen and bathroom. The apartment is located above commercial units. The location is reasonably convenient, with Darlington train station within walking distance, providing access to regional and national rail networks. Several schools are also within a reasonable distance, although the specific quality of these schools would require further investigation. The immediate surroundings appear to be a mix of commercial and residential properties. More information is needed to fully assess the desirability of this location. Based on the provided images, the property appears to be in good condition. The kitchen and bathroom look newly fitted, and the living area is presented well. There is no visible evidence of significant repair or renovation needs. The property does not appear to have a garden or any significant outdoor space beyond the private balcony. Given the list price of £81,000, the average house price in the area is significantly higher at £341,059. However, this average price may not be directly comparable as it likely reflects larger properties. The nearby listings show a range of prices for smaller properties, with some comparable to the list price of this apartment. More information on the square footage of the property is needed to accurately assess the price per square foot and determine if the list price is reasonable. However, given the size and the location, the price could be considered reasonable for a first-time buyer or investor.

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
7
Condition
8
Location
6
Land
2
Bedrooms
1
Bathrooms
1

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
343,750.00 £
Increased by 10.06 %
from 312,318.00 £
Average area rental value
900.00 £/mo
Decreased by 14.61 %
from 1,054.00 £/mo
Est rental Yield
3.14 %
Decreased by 22.47 %
from 4.05 %
Crime Rate
26.00 %
Unchanged by 0.00 %
from 26.00 %

Agent Activity

  • Ann Cordey Estate Agents created the listing.

Nearby Schools

NameTypeOfstedDistance
Borough Road Nursery SchoolLocal Authority Nursery SchoolGood0.16 KM
Darlington CollegeFurther EducationGood0.98 KM
The Rydal AcademyAcademy Sponsor LedGood1.17 KM
Dodmire Children'S CentreChildren's Centre1.17 KM
Corporation Road Community Primary SchoolAcademy Sponsor LedRequires improvement1.25 KM

Images

EXTERNALLY BALCONY LOUNGE KITCHEN LOUNGE BATHROOM NAIL LOUNGE ACCESS TO 1ST FLOOR FLAT ACCESS TO BALCONY BALCONY LOUNGE REAR ELEVATION

Nearby Streets

NameAverage PriceAverage SqftDistance
Steeplejack Way £ 000.00 KM
Russell Street £ 000.00 KM
Haughton Road £ 100,00000.00 KM
Borough Road £ 000.00 KM
Fatty Man's Squeeze £ 295,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Darlington7877DAR0.43 KM
North Road (Darlington)7895NRD1.48 KM
Heighington7887HEI8.90 KM
Dinsdale7897DND9.03 KM

Nearby Listings

AddressPriceTypeScoreDistance
Parkgate, Darlington £ 81,000BUY5 / 100.00 KM
Sanderson Street, Darlington £ 90,000BUY6 / 100.13 KM
Hargreave Terrace, Darlington £ 100,000BUY6 / 100.16 KM
Hargreave Terrace, Darlington, County Durham £ 90,000BUY5 / 100.16 KM
Borough Road, Darlington, DL1 £ 40,000BUY5 / 100.19 KM

Nearby Properties

AddressPriceDistance
14 Melland Street £ 83,0000.11 KM
5 Melland Street £ 69,0000.11 KM
1 Melland Street £ 77,0000.11 KM
16 Melland Street £ 60,0000.11 KM
9 Melland Street £ 15,0000.11 KM