2-bedroom terraced house · DH1 1EP
For saleListed 20 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Early viewing is essential to take advantage of the opportunity to purchase this extended, two bedroom house in a highly sought after location within Gilesgate.
The property is located with easy access to Durham City, university buildings and a wide range of local amenities.
The living accommodation comprises to the ground floor of a welcoming entrance hall, living room which is currently used as a bedroom, large kitchen, conservatory and useful store room.
To the first floor is a generous bedroom with two built in double wardrobes, second double bedroom overlooking rear garden and a refitted bathroom. Externally there is an enclosed garden to the rear.
Early viewing is highly recommended to avoid disappointment. Ground Floor Hall Entered via UPVC double glazed door with a side window.
Having wood effect laminate flooring, stairs leading to the first floor with understair storage cupboard.
Living Room (4.10 x 3.60 (13'5" x 11'9")) Having a UPVC double glazed window to the front, laminate flooring and central heating radiator.
Kitchen (7.61 x 3.52 max (24'11" x 11'6" max)) A large L-shaped kitchen with a comprehensive range of white gloss units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap and tiled splash backs, built in stainless steel electric oven and hob with stainless steel extractor over, plumbing for a dishwasher and tumble dryer space.
Further features include a breakfast bar, double glazed window to the garden room, UPVC double glazed window to the rear, velux skylight, tiled flooring, recessed spotlighting, storage cupboard and radiator.
Garden Room (3.72 x 3.57 (12'2" x 11'8")) With UPVC double glazed french doors opening in to the rear garden, two UPVC double glazed opaque windows to the side and wood effect laminate flooring.
Store Room (2.54 x 2.41 (8'3" x 7'10")) Previously a dining room. Accessed via UPVC double glazed french doors from the garden room. First Floor Landing Having access to all rooms.
Bedroom One (4.17 x 2.81 (13'8" x 9'2")) Generous double bedroom with two double built in wardrobes, storage cupboard housing the combi gas central heating boiler, two UPVC double glazed windows to the front and a central heating radiator.
Bedroom Two (3.10 x 2.81 (10'2" x 9'2")) Further double bedroom with a UPVC double glazed window to the rear and a central heating radiator.
Bathroom/Wc (2.85 x 1.76 (9'4" x 5'9")) Fitted with a modern white suite comprising of a panelled bath, separate walk in double width shower cubicle, low level W/C and hand wash basin inset to a vanity unit.
Having tiled walls and floor, a heated towel rail, recessed spotlights, extractor and a UPVC double glazed opaque window.
External To the front is a walled and gated garden which is pebbled for low maintenance whilst to the rear is a fence enclosed, lawned garden.
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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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 66, Wakenshaw Road, Gilesgate
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