17-bedroom detached house · DH1 4DX
For saleListed 625 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FarnleyTower is situated on The Avenue, Durham, arguably one of the best private residential addresses in the city.
The property is a prominent and unique building located just a short 10 minute walk from Durham City Centre.
Durham hosts a range of amenities including restarunts, bars, shops, cafes and tourist attractions such as Durham Castle and Durham Cathedral.
The property is a Victorian mansion, boasting with unique architecture and history. The property comprises 17 en-suite rooms, with views of Durham Castle and Durham Cathedral.
FarnleyTower is arranged over four floors. The bar and restaurant, reception area and five bedrooms are located on the ground floor, followed by a further bedroom on the half landing.
The further 11 bedrooms are arranged throughout the remaining two floors.
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 Farnley Tower, The Avenue, Durham, DH1
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