2-bedroom flat · DH1 2LZ
To rentListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***AVAILABLE 19th OCTOBER 2026*** Two bedroom first floor apartment located in a modern three storey crescent shaped block.
Fully furnished, appliances included, with a range of local shops and amenities within walking distance. The apartment lies approx 2 miles from Durham City centre and close to...
Post-grads and professionals! Two bedroom first floor apartment located in a modern three storey crescent shaped block.
Fully furnished, appliances included, with a range of local shops and amenities within walking distance.
The apartment lies approx 2 miles from Durham City centre and close to major road links North and South.
Briefly comprises: Entrance hallway with storage cupboard, having neutral walls and beige carpet. Lounge, furnished with two quality sofas, dining table with four chairs and associated furnishings.
Two fully furnished bedrooms including storage. Electric heating. Bathroom with a white suite with mains-fed shower over bath. Externally there are communal grounds and residents parking.
New Durham Courtyard is located in the popular area of Gilesgate within comfortable walking distance of a good selection of local amenities.
A more comprehensive range of professional, retail and recreational services can be found in nearby historic Durham City.
Gilesgate is serviced by excellent transp Unknown EPC RATING C - COUNCIL TAX BAND B ***VIEWINGS STRICTLY THROUGH ELITE ESTATES - CALL O or - SEVEN DAYS/WEEK***
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About New Durham Courtyard, Rennys Lane, Gilesgate, DH1
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