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See how verdicts work3-bedroom flat · DH1 4NS
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AN EXCEPTIONAL THREE BEDROOM GROUND FLOOR APARTMENT SITUATED WITHIN ONE OF DURHAM'S MOST PRESTIGIOUS RESIDENTIAL DEVELOPMENTS. OFFERING APPROXIMATELY 1,246 SQ. FT.
OF BEAUTIFULLY PRESENTED ACCOMMODATION, A DOUBLE GARAGE, SECURE GATED PARKING AND AN EV CHARGING POINT TO THE FRONT OF THE PROPERTY, THIS IMPRESSIVE HOME IS AVAILABLE WITH NO ONWARD CHAIN.
Occupying an enviable position within the exclusive and highly regarded The Downs development at Neville's Cross, this beautifully presented ground floor apartment offers an outstanding combination of generous living space, contemporary interiors and the convenience of single-level living.
Thoughtfully improved and exceptionally well maintained, the property represents an excellent alternative to a traditional bungalow, making it particularly appealing to downsizers, professionals and those seeking a spacious, low-maintenance home in a prestigious residential setting.
The accommodation is accessed via an entrance vestibule leading into a welcoming central reception hallway, which provides access to the principal rooms.
The impressive triple aspect living room is a particular highlight, enjoying an abundance of natural light and generous proportions, creating a bright and inviting space ideal for both relaxation and entertaining.
The stylish open-plan kitchen and dining room has been beautifully refitted with a comprehensive range of contemporary wall and base units, complemented by generous work surfaces and a substantial central island incorporating a stainless steel sink and drainer.
Integrated appliances include a gas hob, oven, microwave, fridge-freezer, dishwasher and washing machine.
Polished tiled flooring and ample space for dining complete this superb sociable area, which forms a wonderful focal point of the home.
There are three well-proportioned bedrooms, offering excellent flexibility for a variety of lifestyles.
The principal bedroom benefits from a contemporary en-suite shower room, beautifully appointed with a spacious walk-in shower, vanity wash hand basin and WC, complemented by modern tiling and a heated towel rail.
The second bedroom is another generously sized double room with the added advantage of a walk-in storage cupboard, whilst the third bedroom provides an ideal space for guests, family members or use as a dedicated home office.
A further beautifully refitted family shower room serves the remaining accommodation, featuring a spacious walk-in shower enclosure, wash hand basin, WC, contemporary tiling and heated towel rail.
Additional benefits throughout the property include gas-fired central heating, double glazing and useful storage facilities.
Externally, the apartment enjoys the considerable advantage of a double garage situated within a secure courtyard to the rear of the development, accessed via remotely operated security gates.
Two additional parking spaces are positioned directly in front of the garage, providing excellent off-street parking facilities.
The property also benefits from an EV charging point conveniently located at the front of the apartment, offering a valuable modern convenience for electric vehicle owners.
The Downs is surrounded by beautifully maintained communal gardens, with manicured lawns, established trees, mature planting and attractive landscaped areas creating a peaceful and welcoming environment.
An ornamental pond and communal seating areas further enhance the setting, whilst the surrounding woodland provides a wonderful sense of tranquillity and privacy.
Offering exceptional space, superb parking facilities and the practicality of ground floor living within one of Durham's most desirable developments, this outstanding apartment is offered with no onward chain and early viewing is strongly recommended.
Location Lowes Rise forms part of The Downs, an exclusive and highly regarded residential development situated within the sought-after Neville's Cross area of Durham.
Renowned for its attractive architecture, mature landscaping and peaceful surroundings, the development offers a desirable combination of privacy, security and convenience, making it particularly appealing to those seeking a prestigious residential address within easy reach of the city.
Situated just over a mile from Durham City Centre, the property enjoys convenient access to an excellent selection of independent shops, restaurants, cafés, leisure facilities and cultural attractions.
The city's historic streets, picturesque riverside walks and iconic Durham Cathedral and Castle provide a wonderful backdrop, whilst Durham University and its various colleges and academic facilities are also easily accessible.
Neville's Cross is one of Durham's most established and desirable residential areas, offering convenient access to local shops, supermarkets, schools, healthcare facilities and recreational amenities.
The nearby A167 provides excellent road connections north and south, whilst the A690 offers access to the A1(M) and the wider regional motorway network.
Durham Railway Station provides mainline rail services to Newcastle, York, Edinburgh and London, making the location particularly convenient for commuters.
Despite its excellent accessibility, The Downs enjoys a distinctly peaceful atmosphere, surrounded by mature woodland and attractive green spaces.
This combination of tranquil surroundings, excellent transport connections and proximity to Durham City Centre makes Lowes Rise an exceptional place to call home.
Additional Information Tenure: Leasehold Lease Term Remaining: Approximately 210 years Service Charge: Approximately £1,250 per annum Council Tax: Band E Heating: Gas-fired central heating Glazing: Double glazing Parking: Double garage and two additional parking spaces within secure gated courtyard EV Charging: Charging point located at the front of the property Chain: No onward chain
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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 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.
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About Lowes Rise, Durham, DH1
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