2-bedroom flat · DH1 2BU
Listing removedListed 82 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer to the rental market this well presented two bedroom second floor apartment which is ideally located for commuting to Durham City Centre or to the A1, as well as being close to local amenities and schooling.
The apartment is fully uPVC double glazed and is warmed by gas central heating, the floorplan comprises of; communal entrance, entrance hallway, lounge/kitchen area, two double bedrooms and family bathroom with three piece suite.
White goods are included, Outside there is an allocated parking space. Internal inspection comes highly recommended.
Council Tax Band - C Annual Cost - £2222.19 EPC Rating - C BOND £695 Required Earnings: Tenant Income - £25,020.00 - Guarantor Income (If Required) - £25,020.00 Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH Agent Notes - Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Selective licencing area – No Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the landlord 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
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
About Bishops Close, Belmont
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