3-bedroom detached house · DH6 3RX
For saleReduced £5k (−3.1%) on 8 OctListed 40 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary No chain | turn key ready | superb detached home | spacious floor plan | three bedrooms | converted garage providing second reception room | south-west facing rear garden | double driveway | downstairs WC | ideal starter or family home Pattinson Estate Agents are delighted to welcome to the market this superb chain-free, turn key ready detached home, occupying a pleasant position within this popular village location on the outskirts of Durham.
Remodelled to provide a spacious and versatile floor plan, the property offers well-presented accommodation throughout and would make an excellent choice for first-time buyers, couples or families alike.
A particular feature is the converted garage, now providing a useful second reception room, offering excellent flexibility for use as a family room, playroom, home office or additional living space.
The accommodation benefits from UPVC double glazing, gas central heating and a modern kitchen/diner with French doors opening directly onto the south-west facing rear garden.
The ground floor briefly comprises an entrance hallway, downstairs cloak/WC, converted garage providing a second reception room, comfortable lounge and modern fitted kitchen/diner.
To the first floor are three bedrooms and a family bathroom/WC. Externally, the property benefits from a double driveway providing excellent off-road parking to the front.
To the rear is a large enclosed garden with a south-west facing aspect, incorporating a patio area and generous lawn, providing an excellent space for outdoor dining, entertaining and family use.
Luke Terrace is pleasantly situated within the village, with a range of local shops and everyday amenities available nearby.
A more comprehensive range of shopping, recreational and leisure facilities can be found within Durham City Centre, approximately five miles away.
The property is also ideally positioned for commuters, being a short drive from the A181, providing good road links to Durham and other regional centres.
Early viewing is highly recommended to appreciate this turn key ready home, its spacious and versatile accommodation, generous garden and convenient location. Council Tax Band: B Tenure: Freehold
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, Luke Terrace, Durham
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