2-bedroom flat · DH1 5BT
Listing removedListed 314 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This delightful, modern, purpose-built apartment offers a luxurious living experience and is ideally located on the outskirts of Durham City.
With excellent access to local shops and amenities, as well as regular bus links to Durham City Centre, Chester-Le-Street, and Newcastle, it is perfectly positioned for convenience.
The property is also close to The Arnison Shopping Centre, local colleges, the railway station, and the hospital, with a wide range of shops, supermarkets, and services available on the nearby high street.
Situated on the second floor, the apartment enjoys a pleasant outlook to the front. The accommodation begins with a communal entrance hall, stairwell, and landing leading into the property.
Inside, the hallway includes a walk-in built-in storage cupboard.
The spacious lounge and dining area features a large bay window that provides a charming view over the playing fields and the high street, creating an inviting space to relax and watch the world go by.
The open-plan design flows into a modern kitchen, which offers ample storage and worktop space, integrated oven and hob with extractor hood, integrated washing machine, and space for a dishwasher.
A recently fitted combi gas boiler (installed in November 2022) adds further appeal.
The hallway also leads to two well-proportioned double bedrooms and a stylish family bathroom with a shower over the bath.
Additional benefits include an allocated parking bay with a secure barrier entry system.
Offered for sale with no onward chain, this property is ideal for a variety of buyers seeking a superbly located home with modern comforts. Early viewing is highly recommended.
Lease Details Leasehold - 125 years commencing on 1 January 2006 Service Charge - £1292 per annum (£423 paid Quarterly) Ground Rent - £130 with no review clause. I.e. Will not increase over time.
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
Agent & docs
FAQ
About 30, Whitfield Court, Durham
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