3-bedroom terraced house · DH1 1PW
Sold STCListed 92 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Upper Chain ** Requiring Upgrading ** Fantastic Potential for Both Owners & Investors ** Gardens & Possible Parking ** Situated in the ever-popular Gilesgate area of Durham, this spacious three-bedroom end-terraced property presents an excellent opportunity for both owner-occupiers and investors alike.
Requiring a degree of modernisation throughout, the property offers fantastic potential to create a superb family home or investment property in a highly sought-after location.
The accommodation comprises an entrance hallway, a generous lounge/dining room, fitted kitchen, and ground floor WC. To the first floor are three well-proportioned bedrooms and a shower room/WC.
Externally, the property benefits from a driveway with gated access, offering the potential for off-street parking, together with useful outhouse storage facilities.
To the rear is an enclosed garden, providing a private outdoor space ideal for families, entertaining, or further landscaping.
Additional benefits include double glazing and gas central heating throughout.
Gilesgate remains one of Durham's most desirable residential locations, offering excellent access to Durham City Centre, local shops, schools, amenities, and transport links.
Early viewing is highly recommended to appreciate the potential and location on offer. Agents Notes - Council Tax: Durham County Council, Band A - Approx.
£1748 p.a Tenure: Freehold Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – Any covenants which may affect the property would be within the Land Registry Title Register which is available for inspection via the Land Registry.
Selective licencing area – No Probate – in process Rights & Easements – None known Flood risk – Refer to the Gov website - Coastal Erosion – Refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Check with seller. Accessibility/Adaptations – No Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £42 (inc. VAT) per individual purchaser applies for carrying out these checks.
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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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 advisors 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 Annand Road, Gilesgate, Durham
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