2-bedroom house · DH1 2QT
Listing removedListed 312 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available for sale with no chain involved, early viewing of this two bedroom mid terraced house in the sought after location of Belmont, is highly recommended.
Beautifully presented and in ready to move in condition, the property is ideally suited to both investors and first time buyers.
Having a floor plan comprising of an entrance vestibule, spacious living room and separate dining room along with a fitted kitchen.
To the first floor are two well proportioned bedrooms and modern bathroom/WC. Externally there is a rear yard and off street parking across a rear lane.
Broomside Lane is within walking distance to a wide range of local amenities including primary and secondary schools, as well a selection of shops.
There are good road and public transport links to Durham City. Ground Floor Entrance Vestibule Entered via UPVC double glazed door. Having an internal door to the living room and radiator.
Living Room (4.55 x 4.22 (14'11" x 13'10")) Spacious reception room with a UPVC double glazed window to the front, modern electric fire, laminate flooring and radiator.
Dining Room (4.55 x 3.93 (14'11" x 12'10")) Having a UPVC double glazed window to the rear, laminate flooring, radiator and stairs leading to the first floor.
Kitchen (3.69 x 2.02 (12'1" x 6'7")) Fitted with a comprehensive range of wall and floor units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, a built in oven and gas hob with stainless steel extractor over, as well as plumbing for a washing machine and fridge/freezer space.
Further features include a UPVC double glazed window to the rear, tiled splashbacks, a wall mounted combi gas central heating boiler and UPVC double glazed external door to the rear yard.
Bathroom/Wc (1.90 x 1.76 (6'2" x 5'9")) Comprising of a panelled bath with mains fed shower over, pedestal wash basin, WC, tiled walls and flooring, radiator, extractor fan and UPVC double glazed opaque window to the side.
First Floor Landing Having a useful storage cupboard and access to each bedroom.
Bedroom One (4.55 x 4.12 max (14'11" x 13'6" max)) Generous double bedroom with a UPVC double glazed window to the front, wardrobe and radiator.
Bedroom Two (3.04 x 2.45 ext to 3.47 (9'11" x 8'0" ext to 11'4") Further well proportioned bedroom with a UPVC double glazed window to the rear and radiator.
External To the rear of the property is an enclosed yard with cold water tap. There is also parking for two cars across the rear access lane.
Value & comps
No previous sales on record.
Returns
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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 84, Broomside Lane, Belmont
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