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See how verdicts work2-bedroom flat · DH1 1SW
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ben Charles are delighted to offer this modern, two bedroom penthouse apartment to the sales market.
The chain free accommodation briefly comprises: Entrance hallway, open plan living dining kitchen area, two bedrooms, master with en-suite facilities and a family bathroom.
Externally there is a balcony and allocated parking.
Freemans Quay is located in the heart of the city within comfortable walking distance of the wide range of professional, recreational and retail services available in historic Durham City.
The property has been finished to an extremely high standard and is situated in a well-established area near to the river.
The area is serviced by excellent transportation links being within close proximity to both Durham bus and rail stations and further benefits from easy access to the A1(M) for commuting purposes.
Early viewing is recommended. Entrance Hallway Entrance door, electric wall heater and storage cupboard.
Living/Dining/Kitchen (3.69m x 6.44m) Fitted wall and base units with coordinating work surfaces, single drainer sink unit, integrated electric oven, integrated electric hob, extractor hood, integrated dishwasher, integrated washing machine, fridge freezer, partially tiled walls, two electric wall heaters, three double glazed windows to side and double glazed windows and door to balcony.
Master Bedroom (3.35m x 3.61m) Double glazed window to rear, fitted wardrobes and electric wall heater.
En-Suite Shower Room (1.67m x 2.08m) Three piece suite comprising wash hand basin in vanity unit, step in shower, low level WC, tiled walls, tiled floor and heated towel rail.
Bedroom Two (2.61m x 3.88m) Double glazed window to rear, electric wall heater and sliding door to living room.
Bathroom (2.51m x 1.74m) White three piece suite comprising panelled bath with shower over, wash hand basin in vanity unit, low level WC, tiled walls, tiled floor, heated towel rail and extractor fan.
Parking Single allocated parking space in garage. EPC Rating C Agent Notes Council Tax: Durham County Council, Band D Tenure: Leasehold Estate Management Charge – None, service charge below.
Property Construction – Standard Gas Supply - None.
Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Electric Estimated Mobile phone coverage – Please refer to the Ofcom Website Estimated Broadband Download speeds – Please refer to the Ofcom Website Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the service of a charted surveyor to confirm.
Restrictions – Yes there can be restrictions which can be reviewed on the Land Registry Title Register upon request. Selective licensing area – No Agent Notes Cont.
Rights & Easements – None known Flood risk – Refer to the Gov website Coastal Erosion – Refer to the Gov website Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of, we would advise to check with solicitors Accessibility/Adaptations – None known Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative Lease Information Ground Rent £300pa Service Charges £4,000pa which includes water rates and caretaker.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 35, Freemans Quay, Durham
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