My Property Box says ..
An exceptional opportunity to acquire a substantial former hotel comprising 26 bedrooms, complete with architectural drawings for the creation of eight separate maisonette apartments. Located in one of Darlington´s most sought-after central positions, this property is ideal for developers an...
Property Oracle says ..
This property on Greenbank Road, Darlington, presents a significant opportunity for renovation. While boasting a substantial number of bedrooms (26), the interior condition suggests a need for extensive refurbishment. The property benefits from its proximity to local schools and transportation links, enhancing its potential appeal. However, the current list price of £450,000 appears high relative to the area’s average property values and price per square foot, especially considering the required renovation work. The presence of a garden adds to the property’s appeal, offering valuable outdoor space. Overall, this property is best suited for investors or buyers willing to undertake a comprehensive renovation project to unlock its full potential.
Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 4
- Condition
- 3
- Location
- 6
- Land
- 5
- Bedrooms
- 26
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 102,000.00 £Decreased by 27.66 %
- Average area rental value
- 759.00 £/moIncreased by 11.45 %
- Est rental Yield
- 8.93 %Increased by 53.97 %
- Crime Rate
- 10.00 %Unchanged by 0.00 %
Agent Activity
My Property Box created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| George Dent Nursery School | Local Authority Nursery School | Outstanding | 0.31 KM |
| Corporation Road Community Primary School | Academy Sponsor Led | Requires improvement | 0.51 KM |
| Reid Street Primary School | Academy Converter | Good | 0.65 KM |
| Queen Elizabeth Sixth Form College | Further Education | Good | 0.70 KM |
| Mcnay Street Sure Start Children'S Centre | Children's Centre | 0.89 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Mercia Court | £ 0 | 0 | 0.00 KM |
| Warren Street | £ 0 | 0 | 0.00 KM |
| King Street | £ 0 | 0 | 0.00 KM |
| Burns Yard | £ 0 | 0 | 0.00 KM |
| Rosebery Street | £ 77,475 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| North Road (Darlington) | 7895 | NRD | 1.02 KM |
| Darlington | 7877 | DAR | 1.72 KM |
| Heighington | 7887 | HEI | 7.90 KM |
| Newton Aycliffe | 7834 | NAY | 9.95 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Greenbank Rd, Darlington | £ 450,000 | BUY | 4 / 10 | 0.00 KM |
| Selbourne Terrace, Darlington, County Durham | £ 90,000 | BUY | 6 / 10 | 0.04 KM |
| Dodds Street, Darlington | £ 75,000 | BUY | 5 / 10 | 0.09 KM |
| Gladstone Street, Darlington | £ 110,000 | BUY | 6 / 10 | 0.10 KM |
| Maude Street, Darlington, DL3 7PT | £ 70,000 | BUY | Unknown | 0.13 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 50 Greenbank Road | £ 100,000 | 0.00 KM |
| 68 Greenbank Road | £ 150,000 | 0.00 KM |
| 52 Greenbank Road | £ 74,500 | 0.00 KM |
| 80 Greenbank Road | £ 161,500 | 0.00 KM |
| 82 Greenbank Road | £ 148,000 | 0.01 KM |