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See how verdicts work2-bedroom flat · DH1 1QE
For saleReduced £20k (−13.3%) on 26 OctListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Claypath Court is an extremely well maintained block of City Centre Apartments designed for the over 55's with safety, friendship convenience and privacy in mind.
5 minutes walking distance of the market place. Having lift and stair access to all floors and telecom entrance system. At the rear of the property there is a communal garden and gated parking.
This prestigious development was a former post office building and is now Grade II listed Full Description - Claypath Court is an extremely well maintained block of City Centre Apartments designed for the over 55's with safety, friendship convenience and privacy in mind.
5 minutes walking distance of the market place. Having lift and stair access to all floors and telecom entrance system. At the rear of the property there is a communal garden and gated parking.
This prestigious development was a former post office building and is now Grade II listed Benefits of living in this type of accommodation include gated parking, refuse chute, lift as well as stairs, reading rooms, communal areas, laundry rooms, residents lounge with kitchen facilities, dining areas and guest suite for visitors or family.
This particular apartment is beautifully maintained and comprises: entrance hallway with large storage cupboard, fitted kitchen, lounge/dining area, stylish shower room and two double bedrooms.
Durham City Centre is currently receiving a huge amount of new investment, just a short walk to transport links and the vast wealth of local shops, bars and restaurants.
Also close to both the A690 and A1(M) motorway for great commuter links to other regional centres. Internal inspection is essential to appreciate what this property has to offer.
Entrance Hallway - Hall with storage radiator and 2 storage cupboards, all rooms leading off.
Lounge - 5.59m x 3.84m (18'4" x 12'7") - Featuring white Adam style fireplace with marble hearth and back panel, electric coal effect fire, French window to balcony.
Kitchen - 3.2m x 2.21m (10'5" x 7'3") - Range of wall and floor units with laminated work tops and inset single drainer stainless steel sink unit. Integrated electric oven and hob with extractor hood.
Tiled splash backs and laminate flooring. Bedroom 1 - 4.88m x 2.21m (16'0" x 7'3") - Storage radiator and a range of fitted wardrobes. Bedroom 2 - Storage radiator.
Bathroom - Comprising: low level wc, range of vanity units with inset wash hand basin, corner shower cubicle, contemporary tiled walls and flooring, wall mounted mirror with lighting, heated towel rail and spot lighting.
Communal Garden - There is a well established communal garden with seating areas. Gated Secure Parking - Epc. - EPC Rating - EPC Link - Leasehold.
- We have been informed that the property is Leasehold. Interested purchasers should seek clarification of this from their Solicitors. Important Information.
- Please note that all sizes have been measured with an electronic measure tape and are approximations only.
Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves.
We cannot vouch that any of the installations described in these particulars are in perfect working order.
We present the details of this property in good faith and they were accurate at the time of which we inspected the property.
Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.
Property Viewing. - Contact Stuart Edwards Estate Agents for an appointment to view. Property Portals. - We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on Rightmove.co.uk, Zoopla.co.uk & OnTheMarket.com. Free Valuation.
- Our family run business is made up of friendly, professional people who have extensive experience of the housing market.
We understand estate agencies come and go, but Stuart Edwards Estate Agents has consistently secured high levels of sales throughout a 40 year period.
If you would like to arrange a free no obligation valuation, please contact Stuart Edwards Estate Agents today!
Financial Assistance - YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON THE MORTGAGE OR LOANS SECURED ON THE PROPERTY.
Through our association with a leading independent mortgage advisor we can offer the best mortgage deals available anywhere. The Property Ombudsman.
- Membership is held with The Property Ombudsman for sales and lettings. Thanks. - Thank you for accessing these details.
Should there be anything further we can assist with, please contact our office. Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
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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