2-bedroom flat · DH1 2LY
For saleListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An attractive and well presented two bedroomed ground floor apartment situated in a conservation area within the picturesque village of Shincliffe.
The property is part of one of the original period buildings in Bishops Court, offering charm and character, benefitting from gas fired central heating and double glazing.
This ground-floor apartment is ideal for those looking to downsize or purchasers needing access to Durham University which is within walking distance.
The accommodation is well-presented briefly comprising, an entrance lobby, lounge/dining room with feature fireplace, kitchen with integrated appliances, two bedrooms, both with fitted wardrobes, and a bathroom.
Externally there is allocated parking within the courtyard and shared garden to the rear with open views.
The property occupies an extremely pleasant position within the ever popular and picturesque village of Shincliffe which has for many years proved to be extremely popular in demand.
It is a Conservation area and conveniently situated just off the A(177) Highway.
Shincliffe Village lies approximately 1 mile from Durham City Centre where there is a comprehensive range of shopping and recreational facilities and amenities available.
Shincliffe Village is also well placed for commuting purposes as it lies a short drive from the A1(M) Motorway Interchange and within easy reach of the A(19) Highway which provides good road links to other regional centres.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – D Tenure – Leasehold Lease Expiry Date: 27-3-3016 Service Charge: £75 per month paid to the Bishops Court (Shincliffe) Management Company Limited, which is owned by the residents of Bishops Court.
PART B Property Type – Terraced Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Communal car park with allocated spaces.
PART C Building Safety – The Vendor has advised of some dampness, but is not aware of any Building Safety issues.
We would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – The property is in Shincliffe Conservation Area.
Rights & Easements- None Flood risk – Rivers and seas: Low. Surface water: Very low.
Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £35 (inc VAT) administration fee per individual purchaser, for 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
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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
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FAQ
About Bishops Court, Low Road West, Shincliffe Village, DH1
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