2-bedroom flat · DH1 5BY
Listing removedListed 81 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Description DH1 are pleased to welcome to the market this fantastic two bed, ground floor apartment.
The home is ideally located; within walking distance to Durham City Centre, and in close proximity to all local amenities. The property is well equipped and benefits from an abundance of parking.
Early viewing is recommended, as we do not anticipate this property to be on the market for very long.
Lounge / diner A generously proportioned living room which benefits from doors out into the back garden that allows light to flood into the room; further accentuating the space.The dimensions of the room allow it to provide versatile living accommodation, as there is plenty of space for a dining table should this be required.
Kitchen A good sized kitchen with beech effect wall and base units. The kitchen offers ample storage space and includes a integrated microwave, oven and hob.
A large window allows plenty of natural light into the room, further accentuating the feeling of space Master Bedroom A well proportioned and spacious master bedroom.
Again the room benefits from a large window which enhances the feeling of space. An excellent room to relax in.
Bedroom 2 2.05m x 3.15m (6' 9" x 10' 4") A good sized second bedroom which allows the property to provide versatile living accommodation.
It is the perfect space for a guest bedroom, home office, nursery etc. A huge asset to the property.
Bathroom 2.33m x 1.68m (7' 8" x 5' 6") A well appointed bathroom with touches of elegance in the finish.
The bathroom features a contemporary suite and an over the bath shower - an essential amenity for any modern home.
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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