1-bedroom flat · DH1 3RB
Listing removedListed 63 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A highly sought after, rare, brand new luxurious double studio apartment in Durham City Centre with all bills included.
In a prime location just below Durham Cathedral and Castle overlooking the river. Just minutes walk from Starbucks, Sainsbury's, Silver Street shops and all amenities within Durham City Centre.
The apartment offers spacious open plan living with all brand new high specification fixtures and fittings throughout.
Property features: Brand new high quality modern accommodation Fully furnished to a very high standard 30.5 m2 open plan studio space River views across Framwellgate Bridge 50" 4K Smart TV included New modern fitted kitchen with built in appliances Live in the heart of Durham just below its famous Castle and Cathedral All bills included High speed Wi-Fi broadband Moments from an array of cafes, bars, restaurants Council Tax Band: A or Exempt (Subject to student status) Holding Deposit: 1 weeks rent: £403.85 EPC Rating: C
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
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FAQ
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