2-bedroom flat · DH1 3AH
To rentListed 1 day
Opportunity summary
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About
** STUDENTS 2027/2028** TWO BEDROOM DUPLEX APARTMENT* NEWLY RENOVATED** ENSUITE BATHROOM** RIVER VIEWS** CITY CENTRE LOCATION**EPC GRADE C** FULLY FURNISHED**BILLS NOT INCLUDED** VIRTUAL TOUR AVAILABLE** COUNCIL TAX BAND F** IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
DCI220744/2 Entrance Hall Stairs leading to the first floor and electric heater. Bathroom White suite comprising of bath, sink, low level WC and heated towel rail.
Bedroom Window and electric heater. Bedroom Doors leading to the rear courtyard, electric heater, storage cupboard and door leading to the en-suite.
En-Suite White suite comprising of sink, low level WC, separate shower cubicle and heated towel rail. Landing Storage cupboard and electric heater.
Lounge/Kitchen Open plan living space with views over the river. Electric heaters, two windows.
Fitted kitchen with a range of wall and base units, contrasting worktops, sink, american style fridge freezer, washing machine/dryer, oven, hob and extractor fan.
Externally There is a communal courtyard.
Additional Information:- - Local Authority:- Durham - Council Tax Band:- F - Council Tax Estimate:- £3788 - Property Type:- Maisonette - Property Construction:- Brick Built - Heating:- Electric Storage Heaters - Electricity Supply:- Mains - Water Supply:- Mains - Sewerage:- Northumbrian Water - Conservation Area:- No - Flood Risk:- Very Low - Coastal Erosion Risk:- Low - Rivers & Seas:- High - Surface Water:- Very Low - Accessibility/Adaptations:- None - Coalfield or Mining Area:- Some areas of County Durham have a history of mining, therefore we suggest to investigate further if relevant.
- Mobile Coverage:- Good - O2 - Good - EE - Good - Three - Medium - Vodafone - Good - Broadband (estimated speeds) - Standard 16 mbps - Superfast 80 mbps - Ultrafast unknown
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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About New Elvet, Durham, DH1
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