3-bedroom terraced house · DH1 1UR
Sold STCListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This city centre home is situated a short distance from Durham Market Place, offering generous accommodation with balcony view, a rear garden, two driveways and a garage.
Centrally positioned for access to everything that the Historic City of Durham has to offer, whether it's river walks, eating out, shopping, the Cathedral, the University, or the Hospital, it's all within a short distance from the property.
This end-terrace home occupies a corner plot with an elevated rear garden, two driveways to the front, and a garage.
Accessed through a hallway, the property briefly comprises a study/storage area, a utility room, two double bedrooms, and a bathroom.
On the first floor, there is a main bedroom with an en-suite shower room, a fitted kitchen with built-in cooking appliances, and an open-plan lounge and dining room with a balcony.
Additionally, the property is gas centrally heated and double-glazed.
Magdalene Heights is conveniently situated within walking distance of the Market Place in Durham City Centre, and the shopping, recreational facilities, and amenities therein.
It is also close to some of the college and university buildings and well placed for commuting purposes, being just off the A690 Durham to Sunderland Highway, which in turn offers access to the A1(M) Motorway Interchange at Carrville, providing good road links to both North and South.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – E Tenure – Freehold PART B Property Type – End Terrace Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Garage and Off-Street Parking Items included in sale: Blinds & Fitted Wardrobes.
Items NOT included in sale : Light Fittings & Curtains. PART C Building Safety – There has been a minor leak into th eliving room, which has not been checked by a builder.
(The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – The property is in Durham City Conservation Area Rights & Easements- None Flood risk – Rivers and seas: Very Low / Surface water: Very Low Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Magdalene Heights, Gilesgate, Durham, DH1
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