4-bedroom semi-detached house · DH1 5BD
Sold STCListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bridgfords Estate Agents welcomes to the market this fantastic four bedroom, semi detached property with parking and gardens located within a short walk of University Hospital Durham and Framwellgate School.
In brief, this spacious home comprises; entrance porch, hallway and W.C, with a lounge, dining room, kitchen and utility on the ground floor.
To the first floor you can find four bedrooms and a family bathroom. To the exterior the property boasts enclosed rear gardens and driveway parking to the front.
The property further benefits from uPVC double glazing throughout, mains water, drainage and gas with a gas fired central heating system.
Gray Avenue is situated within the popular residential area of Framwellgate Moor, offering a convenient setting close to a wide range of everyday amenities and excellent transport links.
The area benefits from a selection of local shops, cafés and other facilities along Front Street, while the nearby Arnison Retail Park provides a broader range of shopping and leisure options.
Families are particularly well served, with Framwellgate Moor Primary School and Framwellgate School Durham both located within easy reach, alongside a number of other primary and secondary schools in the surrounding area.
For commuters, there are regular bus services close by, with Durham City Centre and Durham Railway Station readily accessible.
The A167 is also within easy reach, providing convenient road connections towards Durham, Chester-le-Street and the wider North East.
Durham City Centre, approximately two miles away, offers an extensive range of shopping, dining, cultural and recreational facilities, making Gray Avenue a well-positioned choice for those seeking the balance of a well-established residential setting with convenient access to the city and surrounding areas.
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 Gray Avenue, DURHAM, County Durham, DH1
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