5-bedroom house · DH1 4DS
To rentListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Please note the images shown are example images from a flat completed at Crossgate Lofts in Summer 2023. All Crossgate Loft flats will be refurbished to a similar specification.
Flat 3, Crossgate Lofts located near the Durham viaduct is an amazing 5 bedroom property, perfect for a group of university friends to let next year.
Flat 3, Crossgate Lofts has 5 well furnished double bedrooms, comfortable double beds, study space and lots of storage for your belongings.
This spacious 5 bedroom property also has great communal space including a spacious kitchen with up-to-date appliances a large lounge complete with a large flat screen television and super comfortable seating, making this the perfect home to live in with friends.
Living in Flat 3, Crossgate Lofts means you can look forward to relaxing and unwinding in a comfortable bedroom at the end of a long day, or make the most of the great communal spaces and socialise and have fun!
Situated in the heart of Durham Crossgate Lofts is extremely conveniently located for Durham university students.
The property is only 20 minutes by foot to Durham University and just a 12 minute walk from Durham train station.
Wifi service includes up to 200Mbps wired base speed and connectivity for up to 50 devices.
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.
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 Flat 3, Crossgate Lofts, Flat 3, Crossgate Lofts, Durham
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