2-bedroom flat · DH4 6QL
Sold STCListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presented to the market, this immaculately presented two-bedroom top floor apartment offers an exceptional opportunity for first-time buyers and investors alike.
Situated in the desirable Rainton Gate, this property combines modern living with convenient access to local amenities and excellent transport links.
Upon entering, you are greeted by a welcoming hallway that leads to all principal rooms.
The apartment boasts a bright and airy reception room, providing ample space for both living and dining areas, perfect for relaxing or entertaining guests.
The refitted contemporary kitchen is located within this open plan space.
The contemporary design and neutral decor throughout ensure a move-in ready experience, allowing new owners to personalise the space to their taste with ease.
The property features two generously sized double bedrooms, each offering comfortable accommodation and plenty of natural light.
These rooms provide versatile living options, whether for a growing family, a professional couple needing a home office, or for guests.
The spacious bathroom is well-appointed, featuring modern fixtures and fittings, providing a serene space for daily routines.
One of the significant advantages of this apartment is its practical amenities. It includes allocated parking, ensuring convenience for residents, alongside additional visitor bays.
This eliminates the common concern of finding parking, a valuable asset in any location. Location is key, and this apartment truly shines in that regard.
Rainton Gate offers a fantastic position with easy access to Durham City, renowned for its historic cathedral, university, and vibrant cultural scene.
Residents can enjoy a blend of peaceful suburban living with the excitement of city life just a short drive away.
Excellent road networks, including the A1(M), are easily accessible, making commuting to Newcastle, Sunderland, and other regional centres straightforward.
This apartment represents a superb opportunity to acquire a high-quality home in a sought-after area, offering both comfort and convenience.
Early viewing is highly recommended to fully appreciate the standard of accommodation on offer.
ACCOMMODATION Building Entrance Apartment Entrance/Hallway Living Area / Kitchen (4.70m x 5.30m) Bedroom One (4.40m x 3.70m) Bedroom Two (3.80m x 2.70) Bathroom (2.10m x 2.70m) MATERIAL INFORMATION The following information should be read and considered by any potential buyers prior to making a transactional decision: SERVICES We are advised by the seller that the property has mains provided GAS, ELECTRICITY, WATER and DRAINAGE.
LEASEHOLD INFO The property is leasehold. The lease is 125 years from 1st July 2006. The ground rent per annum is approximately £227.18 and the service charge is approximately £1,206.
The service charge includes the maintenance of communal areas, gardens, car parks, building insurance, window cleaning.
WATER METER - Yes PARKING ARRANGEMENTS - Allocated Parking / Street Parking ELECTRIC CAR CHARGER - No MOBILE PHONE SIGNAL No known issues at the property.
BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at the following link here > FLOOD RISK RATING Please check the online flood risk checker at the following link here > NORTHEAST OF ENGLAND - EX MINING AREA We operate in an ex-mining area.
This property may have been built on or near an ex-mining site. Further information can/will be clarified by the solicitors prior to completion.
The information above has been provided by the seller and has not yet been verified at the point of producing this material.
There may be more information related to the sale of this property that can be made available to any potential buyer.
These particulars are intended to give a fair and reliable description of the property but no responsibility for any inaccuracy or error can be accepted and do not constitute an offer or contract.
All measurements are approximate and for guidance only.
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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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 advisers 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 Lambton View, Rainton Gate, Houghton le Spring, Tyne and Wear, DH4 6QL
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