2-bedroom flat · SR3 3HN
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Affordably priced ground floor flat. An ideal investment opportunity.
The internal accommodation comprises:- Entrance Hall, hallway, fitted kitchen, Lounge with patio doors, wet room and two double bedrooms one with fitted wardrobes. Externally parking is available.
Benefitting from gas central heating, intercom entry system, smoke alarm and UPVC double glazing.
The property is conveniently located for all local amenities including shops, schools, Nissan and Doxford International Business Park. Immediate internal inspection is highly recommended.
Available with no onward chain, viewings are recommended. Full Description - Affordably priced ground floor flat. An ideal investment opportunity.
The internal accommodation comprises:- Entrance Hall, hallway, fitted kitchen, Lounge with patio doors, wet room and two double bedrooms one with fitted wardrobes. Externally parking is available.
Benefitting from gas central heating, intercom entry system, smoke alarm and UPVC double glazing.
The property is conveniently located for all local amenities including shops, schools, Nissan and Doxford International Business Park. Immediate internal inspection is highly recommended.
Available with no onward chain, viewings are recommended. Entrance Lobby - UPVC entrance door and ceramic tiled flooring. Hallway - Radiator, ceramic tiled flooring and all rooms leading off.
Lounge - 5.11m x 3.28m (16'9 x 10'9) - Double radiator, feature fire surround and double glazed patio doors to the front.
Kitchen - 2.62m x 2.29m (8'7 x 7'6) - Range of wall and floor units with laminate worktops and inset stainless steel sink unit.
Built-in gas hob and electric oven Plumbed for automatic washing machine, extractor hood, mosaic tiled splashbacks, pine clad ceiling, and ceramic tiled flooring.
Bedroom 1 - 3.66m x 3.40m (12 x 11'2) - Radiator., built-in cupboard and cupboard housing the central heating boiler. Bedroom 2 - 3.43m x 2.59m (11'3 x 8'6) - Radiator and fitted wardrobe.
Wet Room - Low level wc, wash hand basin, mains fed shower, decor panelled walls, laminate ceiling, radiator linen cupboard. Parking - Leasehold - We have been informed that the property is Leasehold.
Interested purchasers should seek clarification of this from their Solicitors.
Epc - EPC Rating - C EPC Link - Important Info - Please note that all sizes have been measured with an electronic measure tape and are approximations only.
Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves.
We cannot vouch that any of the installations described in these particulars are in perfect working order.
We present the details of this property in good faith and they were accurate at the time of which we inspected the property.
Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.
Property Viewing - Contact Stuart Edwards Estate Agents for an appointment to view. Property Portals - We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on Rightmove.co.uk, Zoopla.co.uk & OnTheMarket.com. Free Valuation!
- Our family run business is made up of friendly, professional people who have extensive experience of the housing market.
We understand estate agencies come and go, but Stuart Edwards Estate Agents has consistently secured high levels of sales throughout a 40 year period.
If you would like to arrange a free no obligation valuation, please contact Stuart Edwards Estate Agents today!
The Property Ombudsman - Membership is held with The Property Ombudsman for sales and lettings. Thanks - Thank you for accessing these details.
Should there be anything further we can assist with, please contact our office. Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
Value & comps
No previous sales on record.
Returns
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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.
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