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See how verdicts work2-bedroom flat · DH1 2DR
For saleListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly regarded Cheveley Court development in Belmont, this rare-to-the-market two-bedroom second-floor apartment occupies one of only four apartments within the detached block, offering an excellent opportunity for a variety of purchasers including first-time buyers, professional couples and investors alike.
For investors, the property presents an attractive proposition with an estimated rental yield of 10.0%.
The well-presented accommodation comprises a spacious entrance hall with two generous storage cupboards, a well-proportioned lounge featuring a Juliet balcony with double doors, and a fitted kitchen complete with appliances.
There are two double bedrooms, with the principal bedroom benefiting from fitted wardrobes and direct access to the bathroom, creating the feel of an en-suite.
The spacious bathroom is fitted with a modern suite and enjoys the added benefit of a separate shower cubicle.
Beautifully presented throughout, the apartment further benefits from a secure entry system, allocated parking space and a highly convenient location with a range of local amenities close at hand.
Durham City Centre is also within easy reach, making this an ideal base for commuters and city professionals.
Properties of this nature are rarely available and early viewing is strongly recommended to fully appreciate the accommodation, location and investment potential on offer.
EPC rating: C Council tax band: B VIEWING ESSENTIAL ON THIS SUPERB APARTMENT ***VIEWINGS STRICTLY THROUGHT ELITE ESTATES & LETTINGS***7 DAYS A WEEK*** Contact / Unknown Situated within the highly regarded Cheveley Court development in Belmont, this rare-to-the-market two-bedroom second-floor apartment occupies one of only four apartments within the detached block, offering an excellent opportunity for a variety of purchasers including first-time buyers, professional couples and investors alike.
For investors, the property presents an attractive proposition with an estimated rental yield of 10.0%.
The well-presented accommodation comprises a spacious entrance hall with two generous storage cupboards, a well-proportioned lounge featuring a Juliet balcony with double doors, and a fitted kitchen complete with appliances.
There are two double bedrooms, with the principal bedroom benefiting from fitted wardrobes and direct access to the bathroom, creating the feel of an en-suite.
The spacious bathroom is fitted with a modern suite and enjoys the added benefit of a separate shower cubicle. Beautifully presented throughout, the apartment furthe
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
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 Cheveley Court, Belmont, Durham, DH1
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