1-bedroom house · DH1 4LH
Listing removedListed 60 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DISCLAIMER: THERE IS AN ADDITIONAL £28 PAYABLE TO THE LANDOLORD EACH MONTH ON TOP OF THE RENT FOR THE BROADBAND/INTERNET FOR THE PROPERTY WHICH IS NOT OPTIONAL.
FURNISHED * PERIOD STYLE COTTAGE * HIGHLY REGARDED LOCATION * DOORSTEP OF DURHAM CITY * SUPERBLY PRESENTED * DOUBLE GLAZING AND GCH * PARKING & COURTYARD STYLE GARDEN * Briefly comprises: open plan living kitchen diner, double bedroom and shower room/wc.
Outside there is a small courtyard garden area and parking.
Western Lodge is an extremely pleasant row of traditional style cottages which lies on the outskirts of Durham City where there are a comprehensive range of shopping and recreational facilities and amenities available.
It is also well placed for commuting purposes as it lies a short distance from the A(167) Highway which provides good road links to other regional centres.
The property is situated within the catchment area of a number of very well regarded schools.
Council Tax Band - A Annual Cost - £1666.64 EPC Rating - D BOND £800 Required Earnings: Tenant Income - £28,800 Guarantor Income (If Required) - £28,800 Agents Notes - Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Selective licencing area – No Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the landlord prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
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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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
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