2-bedroom flat · DH7 6FY
No longer listedListed 83 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Recently refurbished. Beautifully presented. Spacious open plan living. EPC rating - C council tax band - tbc deposit payable - five weeks rent No smoking.
Ben Charles are delighted to offer this recently converted, two bedroom, first floor apartment to the rental market.
The accommodation briefly comprises: Entrance hallway, open plan living dining kitchen, two bedrooms and a shower room.
Fyndoune House is conveniently located in the centre of Witton Gilbert, within walking distance of a wide selection of local amenities.
A more comprehensive range of professional, retail and recreational services can be easily accessed in nearby Durham City.
The area benefits from good transportation links and proximity to well regarded local schooling. The property has been recently converted to a very high standard. Early viewing is recommended.
No smoking. Entrance Hallway Kitchen Dining Living Room (7.31m x 3.98m) Master Bedroom (3.91m x 3.09m) Bedroom Two (3.34m x 3.07m) Shower Room (2.04m x 1.46m)
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
Agent & docs
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FAQ
About 3 Fyndoune House,, Fyndoune Way, Durham
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