3-bedroom semi-detached house · DH1 1DR
To rentListed 88 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* WELL PRESENTED * EXCELLENT POSITION * CORNER PLOT * OFF-STREET PARKING AND GARAGE * USEFUL UTILITY ROOM AND DOWNSTAIRS WC * STYLISH KITCHEN AND ATTRACTIVE BATHROOM * Available on an un-furnished basis we offer to let this well presented and pleasantly situated three bedroom semi-detached home.
Located in the popular Gilesgate on the outskirts of the historic Durham City, the property briefly comprises: entrance porch, hallway, L shaped living room leading to a dining area, stylish kitchen, useful utility room and downstairs WC.
To the first floor there are three well-sized bedrooms and a white suite bathroom. Externally there are well maintained gardens to the front, rear and side with driveway and garage.
In our opinion the property should appeal to a wide variety of potential tenants, particularly families and professionals as it has excellent access to schools, amenities, recreational facilities, Durham university and motoring links and also benefits from uPVC double glazing and gas fired central heating.
Early viewing comes recommended to avoid missing out on this excellent opportunity.
Council Tax Band - C Annual Cost - £2222.19 EPC Rating - D BOND £890.00 Required Earnings: Tenant Income - £32,040.00 Guarantor Income - £32,040.00 Agent Notes - Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only 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 errors or omissions.
Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH
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
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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
Agent & docs
FAQ
About Poplar Drive, Gilesgate, Durham
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