2-bedroom bungalow · DH1 5FY
For saleListed 723 days
Opportunity summary
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About
*** NO UPPER CHAIN, OVER 50's SECURE GATED SITE, IDLLYIC LOCATION, DETACHED LODGE, DECKED TERRACE, VIEWINGS HIGHLY RECOMMENDED *** This two bedroom detached lodge is located on Finchale Abbey Village in Durham.
The site is for over 50's and has secure gated access. The property is well presented throughout.
The property comprises: an entrance hall, open plan living/dining room, fitted kitchen, master bedroom with en suite and fitted wardrobes, a second bedroom with a walk in wardrobe and a bathroom.
Externally there is a decked terrace, shed and a block paved driveway offering off street parking. Viewings are highly recommended.
Entrance Hall Including a built in cupboard with the Baxi boiler, a built in cupboard with a radiator, carpet flooring and a radiator.
Living Room (Open Plan) 5.249m x 3.316m Living Room including an electric fire, carpet flooring, a radiator, double glazed windows to the front and side.
Dining Room (Open Plan) 3.011m x 2.868m Dining room with laminate flooring, a radiator and French doors leading to the decked terrace.
Kitchen 3.542m x 2.868m Kitchen including fitted wall and base units with a contrasting work surface, one and a half stainless steel sink/drainer with a mixer tap, gas cooker point, plumbing for a washing machine, laminate flooring, tiled splash back, a radiator and a double glazed window to the rear.
A door leads to the rear. Master Bedroom 4.478m x 3.473m Master bedroom including extensive fitted wardrobes, carpet flooring, a radiator and a double glazed window to the front.
En Suite 1.99m x 1.647m En suite including a shower cubicle with mains shower, low level WC, wash hand basin, vinyl flooring, a chrome towel heater, an extractor fan and a double glazed window to the front.
Bedroom Two 2.879m x 2.767m Bedroom with carpet flooring, a radiator and a double glazed window to the rear. There is a walk in wardrobe with carpet flooring and a radiator.
Bathroom 2.857m x 1.481m Bathroom including a bath, low level WC, wash hand basin, chrome towel heater, tiled walls, laminate flooring, extractor fan and a double glazed window to the rear.
Externally Externally the property includes a decked terrace, an attached shed and a block paved driveway.
Leasehold Details We have been informed by the seller of the property that the property is leasehold. The lease began in 2005 with 99 years remaining. There are 81 years left on the lease.
Service charge is £223 per calendar month, which includes water rates. Agent Notes 1. The property is in council tax band A. 2.
Standard broadband available to this property (checker.ofcom.org.uk) 3.
Flood Risk - Rivers and Sea - very low, Surface Water - low (gov.uk) Disclaimer The preceding details have been sourced from the seller and the websites listed above.
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.
Newfield Estates cannot accept liability for any information provided.
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
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FAQ
About Finchale Abbey VIllage, Brasside, Durham, DH1
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