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See how verdicts work5-bedroom house · DH1 3DA
For saleReduced £14.3k (−3%) on 17 OctListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson are delighted to bring this beautiful three-storey townhouse, rarely available to the market, in a truly prime position at Elvet Waterside, Durham City.
Enjoying a superb riverside setting on the banks of the River Wear, this exceptional property also benefits from an integral garage.
Upon entering, on the ground floor, you are welcomed by a spacious, naturally light hallway with a side window.
The hallway provides access to the large garage, downstairs WC and useful utility room, which benefits from a sink, frosted window and plumbing for a washing machine.
To the first floor, you will find this bright and spacious living room, offering a welcoming and versatile space for both relaxing and entertaining.
The room benefits from an abundance of natural light through the large full-height glazed doors, which open onto a private balcony.
From the balcony, there are pleasant views overlooking the river, creating a lovely outlook and providing an ideal spot to sit and enjoy the surroundings.
The living room features laminate flooring and a wall-mounted radiator, with ample space for a range of furniture arrangements.
The kitchen, with dual aspect windows, is a well-presented and practical room, featuring a range of white wall and base units complemented by contrasting work surfaces and traditional-style brass-effect handles.
The generous worktop area provides plenty of preparation space, while the layout offers a handy design.
The kitchen is equipped with a built-in double oven, electric hob, sink with drainer and mixer which sits under the larger window, along with plenty of space for a range of countertop appliances.
The room is finished with attractive hexagonal-patterned tile flooring, creating a distinctive and practical finish.
Also to the first floor, a generously proportioned double bedroom offering a comfortable and versatile space, finished with soft carpeting for a warm and inviting feel.
The room benefits from two wall-mounted radiators, providing a comfortable environment throughout. The second floor features two generously sized double bedrooms, both finished with soft carpeting.
The bedrooms benefits from built-in storage, while the other provides space to accommodate freestanding storage solutions.
There are two bathrooms, bathroom one, a modern and stylish family bathroom featuring a full-size bath with overhead shower and black-framed glass screen, a contemporary vanity unit with wash hand basin, modern WC and a heated towel rail.
Finished with attractive marble-effect wall panels, neutral flooring and a frosted window providing natural light while maintaining privacy.
Bathroom two, is well-presented bathroom featuring a full-size bath with overhead shower and black-framed screen, alongside a WC and stylish vanity unit with wash hand basin This is finished with marble-effect wall panels, neutral flooring and a heated towel rail, with a frosted window providing natural light and privacy.
Completing the second floor are three useful built-in storage cupboards providing excellent additional storage space for the ever growing families.
The third floor offers two generously sized bedrooms, both fully carpeted and providing ample space for a double bed and additional bedroom furniture.
Externally, the property benefits a tandum garage to the front elevation.
To the rear, the property enjoys attractive views overlooking the river, with a balcony providing an ideal space to relax and enjoy the views.
Ideally located close to Durham City Centre, the property is within easy reach of a wide range of shops, supermarkets, cafs, restaurants and leisure facilities.
Durham City Centre offers a unique blend of history and modern amenities, with the unesco World Heritage Site of Durham Cathedral and Castle, independent shops, cultural attractions and scenic riverside walks all nearby.
Durham University and Durham Railway Station are within easy reach, while local bus services, the A690 and A1(M) provide excellent transport links to the surrounding area and beyond.
To arrange a viewing or for further information, please contact your local Durham Pattinson Estate Agents today on . Council Tax Band: F Tenure: Freehold
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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FAQ
About 3, Elvet Waterside, Durham
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