2-bedroom flat · DH1 1RT
Listing removedListed 157 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parking. Furnished. Beautifully presented. Great location. Furnished. Two bedrooms. Off street parking.
EPC rating - D C/tax band - B / student exempt deposit - one months rent Students / post graduates considered. Ben Charles are delighted to offer this two bedroom cottage annex to the rental market.
The accommodation briefly comprises on the ground floor: Stunning living area open to bespoke kitchen dining area, bedroom and bathroom. The first floor opens on to bedroom two/second reception space.
Externally there is a roof terrace to the first floor with exceptional views and a patio garden to the ground floor.
The property also boasts driveway providing off street parking and bike storage shed.
Finney Terrace is conveniently located within easy walking distance of a comprehensive range of professional, retail and recreational facilities available in historic Durham City.
In addition rail and bus links are also located within comfortable walking distance. The area is serviced by excellent transportation links with convenient access to the A19 & A1 road networks.
The property is offered on a furnished basis. Strictly no smoking.
Lounge Dining Kitchen (5.44m x 2.69m) Master Bedroom (2.99m x 2.99m) Bedroom Two (2.97m x 1.72m) Bathroom (4.61m x 3.01m) Roof Sun Terrace Patio Area
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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