2-bedroom flat · DH1 2HD
To rentListed 231 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Offered in excellent order throughout, this unfurnished first floor apartment is located in the popular area of Gilesgate, not far from the City Centre.
Entrance hall, offering access to the lounge which is impressively spacious. The kitchen is through the lounge and has a range of fitted wall and floor units and electrical appliances.
There are two double bedrooms, one with en-suite shower room (with double shower). House bathroom, with white suite. The property benefits from allocated parking and secure entry via intercom system.
Located in the ever popular Gilesgate district of Durham, the property offers easy access to the city centre and is well placed, not far from local amenities such as supermarkets, and public transport links.
Only a short walk away from the bus stop with buses coming every 10 minutes into the City Centre.
Council Tax Band: C Holding Deposit: £196.00 Only 20 minute walk from Durham Spacious apartment En-suite shower room to master bedroom Unfurnished - with appliances Allocated Parking/secure entry system Frequent buses in to Durham Neutral Interior decor and carpeting Having two double bedrooms
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
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FAQ
About 11, Durham
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