3-bedroom house · DH6 5AH
For saleListed 1181 days
Opportunity summary
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About
Investment opportunity. Established tenant currently residing for sale with tenant in situ. Current rental agreement £525PCM fixed until July 2026. Three bedrooms. Two receptions. Convenient location.
Ben Charles are delighted to offer this three bedroom, terraced house to the market. The accommodation briefly comprises: On the ground floor; Entrance hallway, lounge, dining room and kitchen.
To the first floor are three well proportioned bedrooms and a bathroom. Externally there is a lawned area to the front and a walled courtyard to the rear.
Norton Avenue is situated within comfortable walking distance of a wide selection of local amenities.
A more comprehensive range of professional, retail and recreational services can be found in nearby historic Durham City.
The area is serviced by excellent transportation links, being within convenient proximity of the A1, allowing prospective buyers to commute with ease to any of the Regional centres.
An excellent opportunity to acquire a tenanted property, returning a strong yield. Early viewing is recommended. Entrance Hallway Double glazed entrance door, under stairs cupboard and radiator.
Lounge (4.82m x 3.12m) Double glazed Bay window to front, fireplace with gas fire, television point, radiator and opening to dining room.
Dining Room (5.8m x 1.93m) Double glazed window to rear, under stairs cupboard and radiator.
Kitchen (2.66m x 1.95m) Fitted wall and base units with coordinating work surfaces, single drainer sink unit, integrated electric oven, integrated electric hob, extractor hood, space for washing machine, double glazed window to side and opening to rear porch.
Rear Porch (1.31m x 1.28m) Double glazed door to rear yard, double glazed window to side and radiator. First Floor Landing Access to roof space.
Master Bedroom (3.49m x 3m) Double glazed Bay window to front and radiator. Bedroom Two (4.02m x 2.14m) Double glazed window to rear, fitted wardrobes and radiator.
Bedroom Three (2.17m x 2.1m) Double glazed window to front and radiator.
Bathroom (2.7m x 2.02m) White three piece suite comprising panelled bath with shower over, pedestal wash hand basin, low level WC, partially tiled walls, double glazed window to side, extractor fan, radiator and storage cupboard.
Front Garden Paved and gravelled with patio area, planted borders, fenced boundaries and gated access. Rear Yard Fenced boundaries and gated access. Council Tax Band A EPC Rating D
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 18, Norton Avenue, Durham
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