We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · DH1 5US
Listing removedListed 478 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Ground Floor Flat Nestled in the desirable area of Durham, this spacious two-bedroom ground floor flat offers a fantastic opportunity for first-time buyers or investors.
Conveniently located close to Durham city centre, local amenities, and transport links, this property is close to everything that Durham has to offer.
With its spacious layout and prime location, this flat is not to be missed. The flat features two generously sized bedrooms, both large enough to fit a double bed.
The heart of the home is the large lounge area, with lots of space for relaxation and entertaining. The kitchen is modern and bright, having been well-maintained by the previous tenants.
The well-designed communal bathroom is in good condition and consists of wash basin, bath, shower, and WC.
Families will appreciate the proximity to good schools, while professionals and students will find the location ideal for commuting.
Especially with Durham University and the hospital being just a short distance away.
Key Features - 2 spacious bedrooms - Ground floor flat - Quiet position in a sought-after estate - Private parking space - Chain free!
For those looking at the flat as an investment, the monthly rental income could achieve £1,050. This would be just under an 8% yield.
Don’t miss out on the opportunity to make this brilliant flat your home or next investment. Call us today.
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
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FAQ
About 1B,, Boste Crescent, Durham
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