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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

Forecast Score

Based on our analysis this property has been scored as:

Data Classified: Partially Classified
0.0

Forecast 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.

The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
10

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
0

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
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Mortgage Finder

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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