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See how verdicts work2-bedroom flat · DH1 5TN
Listing removedListed 83 days
Opportunity summary
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About
Description **Vacant Possession & No Forward Chain** This contemporary ground-floor apartment is situated at the entrance of this modern built estate and is conveniently positioned for access to the nearby Nature Reserve, the University Hospital, New College, the Train Station, and Durham City.
Situated on this modern estate within the popular village of Aykley Heads, this turn-key apartment offers contemporary accommodation with neutral decoration and a convenient location for access to amenities and services including the nearby Aykley Wood Nature Reserve.
The communal lobby with a secure entry system provides access to the apartment block, briefly comprises an entrance hallway with a storage cupboard, a lounge with external access and window, a fitted kitchen/dining room, two bedrooms and a bathroom.
Externally the building is surrounded by lawns and mature trees, with an allocated parking space in the car park to the rear. In addition, the property is gas-centrally heated and double-glazed.
Aykley Woods is a well-planned and designed development that has proved extremely popular in demand.
It is located within 2 miles of Durham City centre where there are comprehensive shopping and recreational facilities and amenities available.
Also, it affords easy access to the A(167) Highway, County Hall, Land Registry, University Hospital of North Durham, and the railway station.
It is also close to St Leonard's School and the Durham Johnston School. Local Authority ? Durham County Council Council Tax Band ? C Tenure ?
Leasehold Lease Expiry Date: 01/01/3016 Service Charge 2025: £1,183.29 Ground Rent: £150 Dimensions Hallway. Radiator, smoke alarm, intercom and storage cupboard with fuse board.
Lounge - 16'4 x 11'10 (4.97m x 3.60m) Double glazed window and door to front, radiator and tv point.
Kitchen-Diner - 12'6 x 9'8 (3.81m x 2.94m) Double glazed door and windows to front, integrated electric oven, gas hob, extractor hood, washer?
/ dryer, fridge freezer, plumbed for dishwasher, 1 1/2 bowl sink and drainer, radiator and combination boiler.
Bedroom 1 - 10'4 x 9'8 (3.16m x 2.96m) - Double glazed door and window to front, radiator and tv point. Bedroom 2 - 12'1 x 7'4 (3.68m x 2.24m) Double glazed window to front and radiator.
Bathroom 10'8 x 6'5 (3.25m x 1.95m) Bath with shower over, Wc, hand basin, radiator, part tiled walls and extractor fan. Allocated parking is available.
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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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 4 Shiell Heights, Durham
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