2-bedroom flat · DH1 3RP
Let agreedListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Fantastic top floor two bedroom apartment with lovely views overlooking the river.
This apartment is located in the heart of the city centre, perfect for those working at the university, or those who need easy access to the train station for commuting.
There are plenty of shops, restaurants, bars, pubs and take-away all within a minutes walk from your front door! Entrance via secure communal door with life and stair access to the second floor.
On entrance to the apartment is the large open plan lounge, with two fantastic floor to ceiling windows, one opens out onto a small balcony overlooking the river.
The lounge has been recently redecorated in neutral tones and has high quality beech effect hard wood flooring.
The kitchen and dining area is open plan to the lounge, the kitchen is very modern in style and includes an integrated fridge/freezer, washing machine, dishwasher and electric fan assisted oven with halogen hobs.
The kitchen has mosaic style splash back tiles and the remaining walls have been repainted in a neutral colour, there is also a light wood effect circular dining table with four chairs.
There are two double bedrooms which has both been neutrally redecorated, the master bedroom includes a double bed, large mirrored cupboard, desk and chair and a bookcase; there are two double glazed window units to this bedroom, one being in a small alcove overlooking the front of the apartment adding some extra space to the room.
The second double bedroom includes a double bed, large mirrored cupboard, desk and chair.
This bedroom also has an ensuite bathroom which has been fully tiled throughout with large light coloured tiles, double shower unit, washbasin with surrounding shelves and WC.
The main bathroom is located to the front of the apartment and has also been fully tiled with large light coloured tiles, bath with shower overhead, wash basin with shelving unit and WC.
One allocated secure parking space is also available with this apartment.
Council Tax Band: Holding Deposit: £403.00 Fantastic two bedroom apartment Offered on a fully furnished basis Balcony overlooking the river Neutrally decorated throughout Extremely desirable location Within a minutes walk of Durham city centre One allocated parking space Perfect for a single person, couple or sharers Electric heating and UPVC double glazing throughout
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 21, Durham
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