3-bedroom house · DH6 5AH
Listing removedReduced £5k (−5.3%) on 21 JunListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bridgfords Estate Agents welcome your interest in this perfect investment property, featuring three generous bedrooms and a courtyard garden in the popular village of Bowburn.
The ground floor accomodation of this spacious property includes a bright living room with bay window to the front aspect and an electric feature fireplace.
Leading off the living room is the kitchen/diner with in-built electric oven and hob and an understairs stoage cupboard.
To the rear of the property is the family bathroom with low level W.C, hand wash basin and panelled bath with shower over.
The first floor accomodation includes three generous bedrooms providing versatility for home working or office space.
To the exterior the property enjoys a rear courtyard perfect for enjoying the coming summer evenings.
The property further benefits from uPVC double glazing through, mains water, drainage, and gas with a gas fired central heating system. Council Tax Band: A -- EPC Rating: C.
Norton Avenue is situated within the popular village of Bowburn, offering a quiet and family-friendly residential setting.
The village benefits from a strong sense of community while remaining highly convenient for everyday amenities.
Bowburn itself provides a range of local shops, schools, and services, making it well-suited to both families and professionals alike.
The property enjoys excellent transport links, with easy access to the A1(M) and A690, allowing for straightforward commuting to Durham City Centre, which lies just a few miles away, as well as further afield to Sunderland and Newcastle.
Regular public transport services also operate through the village, enhancing connectivity.
For those who enjoy the outdoors, there are a number of nearby green spaces and walking routes, offering a great balance between village living and access to nature.
Overall, Wheatley Close presents an ideal location for buyers seeking a well-connected yet peaceful place to call home.
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.
Area
Agent & docs
FAQ
About 17, Norton Avenue, Durham
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