2-bedroom flat · DH1 1HJ
No longer listedListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground floor flat just one mile from Durham City Centre, offering modern interiors, two bedrooms, on-street parking and a communal garden.
Set in well-served Gilesgate with excellent amenities and strong road links, this is a convenient, low-maintenance home ideal for city access. Early reservation advised.
Full Description - This well-maintained ground-floor flat at 79 Prebendsfield, Gilesgate is available from 1st November 2026 on an unfurnished basis and offers updated, practical accommodation just one mile from Durham City Centre.
The living space comprises an entrance area leading into a comfortable lounge, a modern fitted kitchen, a shower room, and two bedrooms.
The flat has been recently redecorated, features new floor coverings, and benefits from electric central heating. Externally, there is on-street parking along with access to a communal garden.
Located in the popular and well-served area of Gilesgate, the property enjoys excellent everyday convenience.
A wide range of amenities are close by, including supermarkets, local shops, cafés, takeaways, a pharmacy and regular bus services into Durham City.
Larger retail, leisure and dining options are easily reached in the city centre.
Transport links are strong, with quick access to the A690 for routes into Durham and towards the A1(M), as well as convenient connections to the A181 for travel east towards the coast and surrounding County Durham areas.
With its updated interior, practical layout and highly convenient location, this property is sure to prove popular, and early reservation is recommended. Entrance - UPVC double glazed entrance porch.
Door to lounge. Lounge - 10'9" - Coving, electric fire with surround and night storage heater.
Kitchen - Wall and floor units, laminate worktops, tiled splashbacks, sink and drainer unit with mixer tap, integrated oven hob and extractor, vinyl flooring, plumbed for washer, coving and UPVC rear entrance door.
Inner Hallway - Small storage cupboard and coving. Bedroom 1 - 8'10" - Fitted wardrobes, coving and electric wall heater. Bedroom 2 - 8'10" - Fitted wardrobes, coving and night storage heater.
Bathroom - Large shower cubicle with electric shower, laminate walls and ceiling, vinyl flooring, wash hand basin, low level w.c, heated chrome towel rail, extractor dan and storage cupboard.
Communal Gardens - Epc Information - EPC Rating - D EPC Link - Heating/Dg/Extras - Night storage heating and UPVC double glazing throughout.
Important Information - Please note that all sizes have been measured with an electronic measure tape and are approximations only.
Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves.
We cannot vouch that any of the installations described in these particulars are in perfect working order.
We present the details of this property in good faith and they were accurate at the time of which we inspected the property.
Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are in produced in good faith, are set out as a general guide only, and do not constitue any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warrantly in relation to this property.
Viewing - Contact Stuart Edwards Estate Agents for an appointment to view. Website Coverage - We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on Rightmove.co.uk, Zoopla.co.uk & OnTheMarket.com. Tenant Fees - A refundable holding deposit of a weeks rent to reserve a property.
This is deductible from the first months rent. A refundable tenancy deposit of one month’s rent. £50 charge for variation, assignment, or novation of a tenancy. Cutting charge for a replacement key.
Interest on late rent payments, if the rent is outstanding for 14 days or more. The interest rate is 3% above the Bank of England base rate for each day the rent is unpaid.
The Property Ombudsman - Membership is held with The Property Ombudsman for sales and lettings.
Client Money Protection - Bluepace (Durham) Limited Trading as Stuart Edwards Estate Agents is part of the Money Shield Client Money Protection scheme.
Thank You - Thank you for accessing these details. Should there be anything further we can assist with, please contact our office.
Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Prebendsfield, Gilesgate
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