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See how verdicts work2-bedroom flat · DH1 4PD
No longer listedListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor Apartment – Monument Court, Nevilles Cross, Durham Offered with No Forward Chain Situated in the highly sought-after area of Nevilles Cross, this spacious and well-presented ground-floor apartment offers ready-to-move-into accommodation ideally suited to professionals, couples, downsizers, or those seeking an alternative to bungalow living.
Accessed via a secure communal entrance from either the roadside or resident car park, the apartment is reached with only a small number of steps.
Internally, the property is neutrally decorated throughout and comprises an entrance porch leading into an inner hallway, a generous open-plan lounge and dining area, and a fitted kitchen featuring integrated cooking appliances.
There are two well-proportioned double bedrooms, together with a shower room that serves as both an en-suite to the principal bedroom and a family shower room, with access available from the hallway.
Further benefits include gas central heating, double glazing, a secure entry system and an allocated parking space, plus additional visitor parking.
Monument Court enjoys a convenient position within Nevilles Cross, approximately one mile from the centre of Durham.
The property is ideally located for access to the city's extensive range of shopping, leisure, and cultural amenities, as well as the university, hospital, and railway station.
Excellent transport links are available via the nearby A167 and A690, providing straightforward connections to surrounding towns and regional centres.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – D Tenure – Leasehold Lease Expiry Date: 31/01/2153 Service Charge: Annual £2,219, paid monthley @ £184.92.
Ground ret: £229.74 (paid in two installments annually).
PART B Property Type – Ground Floor Apartment Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Allocated Parking Space, plus visitor parking.
Items included in sale: Sofa, lounge chairs, 6-seat dining table with chairs, small double bed/mattress, one king size bed/mattress, two study tables with chairs, bookshelf, fridge, dishwasher, washing machine.
PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – N/A Rights & Easements- None Flood risk – Rivers and seas: Very Low / Surface water: Very Low Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Monument Court, Nevilles Cross, Durham, DH1
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