3-bedroom house · DH1 1XH
Sold STCListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bridgfords Estate Agent welcome your interest in this wonderful, three bedroom link-detached family home offered with no onward chain in the Gilesgate area of Durham which lies just a short distance from a wide range of local amenities.
Upon entry into this spacious home, you are greeted by a welcoming hallway with stairs rising to the first floor, downstairs W.C and doors into kitchen and living room.
The kitchen is well stocked with in built oven, hob and fridge freezer as well as space for utilities and a range of wall and base kitchen units.
Off the kitchen is a door into the garage with an up and over garage door and further door to the garden.
The dual aspect living room is a bright yet cosy space, with an electric feature fireplace perfect for enjoying evenings.
Leading on from the living room is a dining room with patio door onto the garden. To the first floor you will find three bedrooms and a family shower room.
The first bedroom is a generous double with window out to the rear aspect. A similar size bedroom can be found on the front aspect with double windows enjoying ample light.
The third bedroom is a versatile space, perfect for a home office, nursery or walk in wardrobe.
Finalising the accomodation is the shower room enjoying a modern three piece suite with corner shower, low level W.C and hand wash basin.
To the exterior the home boasts enclosed, private gardens to the rear with driveway parking and a garage.
The property further benefits from uPVC double glazing, mains water, drainage and gas with a gas fired central heating system.
Ideally situated within the highly sought-after Gilesgate area of Durham, St Giles Close offers an excellent balance of convenience and accessibility.
The development is positioned just over a mile from Durham City Centre, providing easy access to the city’s extensive range of shopping, dining, leisure and cultural amenities, including the historic city centre and renowned Durham University.
Gilesgate is particularly popular with professionals, academics, students and investors alike due to its close proximity to major employers and educational facilities.
Excellent transport connections, nearby retail amenities and easy access to the A1(M) further enhance the location’s appeal.
The combination of a well-established residential setting, strong tenant demand and proximity to key employment and education hubs makes St Giles Close a compelling investment location within the Durham rental market.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 1, St. Giles Close, Durham
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