4-bedroom house · DH1 1JJ
To rentReduced £44 (−5.5%) on 15 OctListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** STUDENT PROPETY - £185PPPW INCLUDING BILLS ** Offered to the market is this superbly situated three storey mid terrace four bedroomed property.
The property which is located in the heart of Durham City centre and therefore has excellent access to amenities, recreational facilities, bars, restaurants and University campus.
Briefly comprises; entrance hall, bedroom, kitchen with washing machine, tumble dryer, fridge and freezer, dining space, whilst to the first floor there are an additional three bedrooms all of good size, bathroom with over bath shower, additional shower room/wc and an enclosed yard.
In the basement there is a lounge area. Ellis Leazes is particularly popular amongst student investors and is a sought after area for students.
We would strongly recommend an early internal inspection. EPC Rating - D BOND £500 PER STUDENT | £185 PER WEEK PER STUDENT * Video tour from 2020.
Property may be subject to slight alternations or changes.
Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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
Agent & docs
FAQ
About 20 Ellis Leazes, Durham
Explore nearby
