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See how verdicts work1-bedroom flat · DH1 2QD
For saleListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity to buy an attractive, well presented fully furnished apartment in a fantastic location only 5 minutes drive from Durham City Centre with its array of shops, bars and restaurants and with easy access to the A1(M) North and South and A690 East and West.
The property is a luxury one bedroom ground floor apartment located in Angerstein Court, a popular block in Belmont.
Presented to a high standard throughout the property comprises of one double bedroom, open plan lounge/diner and modern fully fitted kitchen with integrated appliances.
There is a modern fully tiled bathroom with over-bath shower and heated towel rail.
The hallway of the apartment boasts a large storage area with plumbing for a washing machine and plenty of space for coats and shoes.
The property is located on the ground floor which is accessed through a communal entrance hall and inner lobby.
Externally the parking area is accessed through a secure gate with key code entry and an allocated parking space for the apartment as well as visitor parking bays.
There is also a communal garden area. The property is located within easy reach of a good range of shops, schools, health club and nearby Ramside Hall Hotel and Spa with two 18 hole golf courses.
Viewing is highly recommended Council Tax Band B Leasehold Term 106 years remaining Service Charges £2218.84
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 8, Broomside Lane, Belmont
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