2-bedroom terraced house · DH1 4AH
Listing removedListed 262 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this newly refurbished two-bedroom mid-terraced home, superbly positioned within comfortable walking distance of historic Durham City Centre.
Thoughtfully updated throughout and offered with early vacant possession and no onward chain, the property presents an excellent opportunity for first-time buyers, downsizers or investors seeking convenience, practicality and modern comfort.
This well-presented property has previously been a successful three-bedroom rental, making it an ideal choice for landlords or investors seeking reliable accommodation too.
Offering generous living space, a practical layout, and a welcoming atmosphere, it has consistently attracted tenants looking for comfort and convenience with strong city links.
Set over two floors, the home opens into a welcoming lounge filled with natural light, creating an inviting space for relaxation.
This leads through to a separate dining room, a versatile area ideal for both everyday living and hosting guests, with an open staircase rising to the first floor.
The well-appointed kitchen features a range of contemporary wall and floor units, generous worktop space and plumbing for essential appliances, with access through to a useful rear lobby and the ground-floor bathroom, fitted with a panelled bath and shower over.
Upstairs, the accommodation comprises two generously sized double bedrooms, each offering flexibility for sleeping, working or additional storage.
The layout provides well-balanced proportions that will suit a variety of lifestyles.
Externally, the property benefits from a low-maintenance rear yard, offering a private outdoor space for seating or storage.
Further advantages include gas central heating via a combi boiler and UPVC double glazing throughout, ensuring year-round efficiency and comfort.
Ideally situated to enjoy all that Durham has to offer, the home is just a short stroll from the city’s celebrated Castle and Cathedral, its cobbled streets, boutique shops, cafés, restaurants and riverside walks along the meandering River Wear.
Excellent transport links, including rail and bus networks, provide convenient access across the region, while major road connections such as the A1(M) and A167 are close at hand.
Families will also appreciate the property's inclusion within the catchment for several highly regarded schools, including St Margaret’s Primary School, The Johnston, St Leonard’s, and proximity to Durham School and Durham High School for Girls, making this a particularly attractive choice for those prioritising education.
Beautifully presented, well located and ready to move into, this charming home is sure to prove popular. Early viewing is highly recommended.
Services - Mains Gas, Electric and Drainage Tenure - Freehold Council Tax - Band A
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 Neville Terrace, Durham, DH1
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