We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · DH1 2DP
Listing removedListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available with no chain involved, this spacious one bedroom first floor apartment would be perfect for a first time buyer or someone looking to downsize to a hassle free option.
It would also prove a superb rental investment.
Situated in a sought after development which enjoys well maintained communal gardens and ample parking, there are local amenities within walking distance and excellent access to Durham City.
The deceptively spacious accommodation enhanced by UPVC double glazing and combi gas central heating system comprises of a welcoming entrance hall with stairs to a first floor landing with two storage cupboards, fitted kitchen, spacious living room with feature fireplace, generous double bedroom and bathroom/WC.
Early viewing is highly recommended. Ground Floor Entrance Hall Entered via UPVC double glazed door. With stairs leading to the first floor and understairs cupboard.
First Floor Landing Having two storage cupboards, one housing the gas central heating boiler and a radiator.
Living Room (4.85 x 3.18 (15'10" x 10'5")) Spacious reception room with a UPVC double glazed window to the rear, feature fireplace and radiator.
Kitchen (3.45 x 2.29 (11'3" x 7'6")) Fitted with a range of wall and floor units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, an electric cooker, a fridge/freezer space and plumbing for a washing machine.
Further features include a UPVC double glazed window to the rear and tiled splashbacks.
Bedroom (4.23 x 3.18 (13'10" x 10'5")) Generous double bedroom with a UPVC double glazed window to the front and radiator.
Bathroom/Wc (2.71 x 1.42 (8'10" x 4'7")) Comprising of a panelled bath with extractor over, pedestal wash basin, WC, tiled splashbacks, radiator and UPVC double glazed opaque window to the side.
External The property enjoys well maintained communal gardens and ample resident parking.
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.
Area
Agent & docs
FAQ
About 28, Minster Court, Durham
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