1-bedroom house · DH1 3HN
Listing removedListed 104 days · slow let
Opportunity summary
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About
** AVAILABLE FROM MID OCTOBER - POST GRADUATE STUDENT ONLY ** * DOUBLE BEDROOM * KITCHEN AREA * EN-SUITE * FURNISHED * CLEANER INCLUDED WITHIN THE RENT (Communal only) ** Stunning luxury thirteen bedroom building spread over 3 floors.
The accommodation has a central location within this historic city, including bars, restaurants, shops, river walks etc, all within immediate proximity.
Benefits include electric heating with all utility bills inclusive (fair usage system).
The layout of the property comprises of: communal entrance, hallway, Communal Kitchen, with cooker, dish washer, fridge freezers and private cupboard use for each room (for rooms without a kitchen), communal lounge with TV.
Communal staircase. Laundry with 2 large dryers and 2 washing machines. All rooms have a integrated TV / DVD player, FREE broadband & WiFi throughout.
Please contact us to discuss availability on each type of room. Post Graduates Only and 12 month contracts. All rooms have access to a communal lounge with TV provided.
Council Tax Band - G EPC RATING - C BOND £1256 | MINIMUM 12 MONTHS TENANCY Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH
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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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 Room 3, Old Elvet, Durham City
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