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House For Sale Melrose Avenue, Darlington, DL3

£8,000

1 of 3
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Last Updated: 23rd October 2019

Description

We are delighted to offer For Sale a single garage unit with access off Melrose Avenue to the rear of Marina Road. We welcome viewings at the earliest opportunity.

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Nearby Stations

  • North Road Rail Station (1 miles away)
  • Darlington Rail Station (2.1 miles away)
  • Heighington Rail Station (3.4 miles away)
  • Dinsdale Rail Station (4.2 miles away)
  • Newton Aycliffe Rail Station (4.6 miles away)

Nearby Schools

  • Longfield Academy (0.3 miles away)
  • Harrowgate Hill Primary School (0.3 miles away)
  • St Bede's RC Primary School (0.6 miles away)
  • Rise Carr College (0.7 miles away)
  • Northwood Primary School (0.8 miles away)
Agent Details
Denham Properties
69, Duke Street, Darlington, DL3 7SD
Show Contact Number
01325 356 399
Bank of England Base Rate:
0.1%

Property Score

Based on our analysis this property has been scored as:
10

Investment Analysis Report

Our predictive algorithms and data analysts; scan, compare and rank properties by future gains and current returns; helping you pick the perfect investment at a glance.

Property Market Comparative

This property has been identified as being below market value or identified to rise in value in the near future as it has a lower price than nearby comparables.

Rental Analysis

Rental Guide:
£0 - £0
These figures should only be used as a guide, always get a rental assessment from a professional.
Yield:
0%
This is the potential achievable yield.
This property has been identified to rise in price as it is an area of strong rental demand.

Return-on-Cash Invested

This projection is calculated with a 25% deposit amount of £2,000
Financial Forecast
Annual Rent:
£0
Annual Mortgage Interest:
£120
Annual Costs:
£200

ROCI:
-
Potential Return-on-Cash Invested.
This property has been identified to return great year-on-year net profit in the near future, as there is a strong rental demand in this area combined with currant macro events such as interest rates and mortgage availability.

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
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Purchase Price
£
Mortgage
Interest Only / Repayment
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
This is the potential achievable yield.
Potential Return-on-Cash Invested