2-bedroom flat · DH7 8NB
Listing removedListed 112 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Affordable upper floor flat in the village of Meadowfield. The property is accessed from the back yard.
Upstairs in the flat, the two bedrooms are front facing with a good sized double, and a smaller double bedroom. The lounge is a substantial space, with leather sofas and desk space in.
The galley style kitchen is in muted tones with fridge freezer and oven with gas hob. The bathroom is cladded for ease of cleaning. There is a wc, sink and bath with rinsing shower.
Externally there is a shared yard. Meadowfield is a small area of the South side of Durham City where many shops, takeaways and a sports hall can be found.
There are also a couple of pubs, petrol stations and a local Tesco supermarket. Very good access to the A690 and A167. Just three miles from Durham City Centre and there are frequent buses into town.
Council Tax Band: Holding Deposit: £115.00 Super spacious lounge Kitchen with fridge freezer Bathroom with rinsing shower Part furnished Affordable rent Two bedrooms Lowest council tax band Upper floor flat with shared yard Close to the local shops On a bus route
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 29A, Durham
Explore nearby
.png){kind=logo}
