3-bedroom house · DH7 7AG
Listing removedReduced £10k (−6.5%) on 4 JulListed 222 days
Opportunity summary
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About
Located in the heart of Bearpark, this well‐maintained three‐bedroom family home offers comfortable living in a convenient and popular residential area.
The property is ideally positioned within easy reach of local shops, schools, bus routes, and is just a short drive from Durham City.
The ground floor comprises a welcoming living room with good natural light, leading through to a modern kitchen area with ample storage and space.
The property also benefits from having a separate dining room for family meals.
Upstairs, the property offers three well‐proportioned bedrooms and a contemporary family bathroom finished in a neutral, modern style.
Externally, the home benefits from a private rear garden and large front garden providing ideal space for outdoor living.
This property represents an excellent opportunity for first‐time buyers, and young families, seeking a well‐located home close to Durham Kitchen (2.29m x 4.62m, 7'6" x 15'1") Beautiful modern kitchen with a range of wall and base units.
Plumbed for washing machine. Lots of workbench space. Kitchen sink with draining board and modern mixer tap. Freshly decorated throughout with lino flooring.
The kitchen benefits from an electric hob, oven and extractor fan.
Door leading from the kitchen into the rear garden space Sitting Room (3.65m x 5.44m, 11'11" x 17'10") Freshly decorated sitting room which lets in a lot of natural light as the room benefits from front and rear elevation windows.
Neutral decor, carpeted throughout and two radiators which creates a cosy space Dining Room Freshly decorated, radiator and carpeted throughout.
Lovely additional space for dining and entertaining Entrance Hall Beautiful entrance hallway with doors leading into the dining room to the left and sitting room to the right.
Staircase leading to the first floor landing.
Carpeted throughout and freshly decorated in neutral colour Bedroom (3.57m x 4.70m, 11'8" x 15'5") Bedroom one is the largest of the three and benefits from a lot of natural light with two windows to the front elevation.
Freshly decorated, carpeted throughout and radiator Bedroom (3.02m x 3.67m, 9'10" x 12'0") Lovely room which is filled with natural light from the large window to the front elevation.
Freshly decorated, carpeted throughout and radiator Bedroom (2.34m x 2.61m, 7'8" x 8'6") Large window to rear elevation creating a lot of natural light.
Freshly decorated, carpeted throughout and radiator Landing Large area of landing which gives plenty of space from the staircase to navigate to each room.
Large window at the top to the stairs, creating natural lighting. Freshly decorated and carpeted throughout Bathroom Beautiful family bathroom with bath and separate shower cubicle.
Modern fixtures and fittings, including mixer taps to the sink and shower, wall panelling, lino flooring, toilet. Modern chrome towel radiator
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 3, Institute Terrace, Durham
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