2-bedroom house · DH1 2QT
SoldListed 304 daysAuction 28 Jan · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features Lot 225 for sale To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers website Occupied on Terms Unknown Arranged to provide Two Bedroom Accommodation Durham railway station (CrossCountry) is located 2.8 miles to the south west Shops and amenities are available locally within Durham city centre The A690 is located nearby providing access to the A1(M) The Scrambles nature reserve is located nearby Key Locations The property is situated on Broomside Lane, to the north east of Durham city centre Shops and amenities are available locally within Durham city centre Durham railway station (CrossCountry) is located 2.8 miles to the south west The A690 is located nearby providing access to the A1(M) The Scrambles nature reserve is located nearby Viewings Please note that internal viewings will not be possible for this property.
Furthermore, the property has not been internally inspected by Allsop.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 63, Broomside Lane, Durham
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