Darlington Landlords: This is Your Sale Value Changes for June 2024 - August 2024

As you can see above, Darlington is an increasing sales market at the moment, up 2.2% over the last 3 months compared to a national increase of 1.4% and a regional increase of 2.2%.

As you can see on the growth map below Darlington as a whole has seen an increase in sales value.

We initially sourced a two-bedroom end-terraced house on Geneva Road for £79,000 in 2021, achieving a rental income of £525 and a 9% yield. Today, properties in this area are valued between £95,000 and £100,000, with rental rates ranging from £675 to £695. This represents a fantastic increase in return, particularly for properties that have undergone improvements.

The graph above shows the relative strength of the Darlington market, the darker the colour the stronger the sales increase over the last 3 months.

The best areas to invest at the moment are:

• Albert Hill DL1
• Eastbourne DL1
• Rise Carr DL3 

You can pick up a 3 bedroom house for around £90k - £95k which will rent for £700 - £800pcm

 At NGU Homes, we pride ourselves on our comprehensive understanding of the local sales market and our commitment to maximizing returns for our landlords.

If you’re interested in valuing your property for sale, we have a user-friendly instant valuation tool, where you can receive an estimate of your property's value / rent within minutes.

click the button below, enter your property details, and get an instant valuation at your fingertips.

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