3-bedroom terraced house · DH1 2JP
Listing removedListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No Chain ** Investment or Owner Occupation ** Popular & Convenient Location ** Spacious & Versatile Layout ** 3/4 Bedroom ** Boarded Loft Space Offering Potential Subject to Regulations ** Landlords seeking a property suitable for letting to undergraduate or PhD students may find this particularly appealing, as will investors looking for a spacious family rental.
Equally, families searching for a home with charm, period character, and quirky features are sure to appreciate what this property offers.
The accommodation is generously proportioned throughout, offering excellent flexibility to suit a variety of living arrangements.
Accessed via a walled front garden, the property opens into an inner lobby leading to a long entrance hallway with a convenient ground floor WC.
From here, there are three well-sized reception rooms comprising a bright living room with bay window to the front, a dining room or potential ground floor bedroom with bay window to the rear, and a fitted kitchen with access to the rear garden and lane beyond.
To the first floor, the spacious family bathroom is fitted with a shower cubicle, corner bath, wash basin, and WC.
The upper floor also offers three further bedrooms, including one double and two singles, with the fourth bedroom ideal as a home office, nursery, or playroom.
A fixed staircase leads to a substantial loft space which, subject to permissions, offers excellent conversion potential.
The property sits in an area of strong rental demand, making it a compelling proposition for investors. For owner-occupiers, it offers spacious, versatile accommodation with scope to personalise.
Realistically priced to reflect some updating, this is a property that must be viewed to fully appreciate its size, flexibility, and potential. Early viewing is strongly recommended.
Agents Notes - Council Tax: Durham County Council, Band A - Approx.
£1748 p.a Tenure: Freehold Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – Covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Rights & Easements – None known Flood risk – Refer to the Gov website - Coastal Erosion – Refer to the Gov website - Protected Trees - None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Check with seller. Accessibility/Adaptations – None known Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Malvern Villas, Gilesgate, Durham
Explore nearby