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See how verdicts work2-bedroom flat · DH1 2QN
For saleReduced £2k (−2.2%) on 9 SepListed 1101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great investment opportunity - tenant in place till December 2026 This ground floor apartment is part of a gated development consisting of similar properties, boasting the advantage of double glazing for added comfort and energy efficiency.
The apartment offers a private entrance hallway, accessible through an intercom system and a communal hallway.
Well presented, this property includes an entrance hallway, a spacious living room with bay window, a well-appointed kitchen, two bedrooms, and a modern four-piece white suite bathroom.
Outside, the parking area can be easily accessed via remote control gates, offering an allocated parking space for the apartment, with additional visitor parking available.
You'll also appreciate the communal garden area, perfect for relaxation and outdoor enjoyment.
Situated in an excellent location, this property provides easy access to a variety of everyday conveniences, such as local shops, a post office, a public library, and a doctor's surgery.
For more extensive shopping, entertainment, and amenities, Durham City center is just around 2 miles away, making it an ideal choice for investors and those seeking a comfortable lifestyle.
Belmont is community town, excellent for those wishing to live close to the A1(M), or the A690. This village is especially beneficial for those who work or frequent Durham City.
Being just approximately two miles away, it is possible to walk to the centre, and a car journey would take around 5 minutes.
The area benefits from many amenities including a huge retail park including B&Q and Argos.
There is also a leisure facility including Bannatynes Health Club and Spa, plenty of places to eat, fantastic local primary and secondary schools and a quiet countryside backdrop surrounding the village, ideal for dog walkers and cyclists etc.
Entrance Hall Which has radiator, spot lights and a built in cupboard.
Lounge (4.11m x 3.43m) Double glazed bay window to rear and double glazed window to the side, telephone point, television point, coving to ceiling, spot lights and radiator.
Kitchen (2.6m x 1.68m) Fitted wall and base units, work surfaces, single sink, built in electric oven, built in gas hob with an extractor hood, electric cooker point, double glazed window to the rear, integrated washer dryer, integrated fridge freezer, combination boiler and a radiator.
Master Bedroom (3.18m x 3.5m) Double glazed window to side, television point, coving to ceiling, radiator and door leading to Jack and Jill bathroom.
Jack And Jil Bathroom White four piece suite comprising of bath, wash hand basin, step in shower cubicle, low level WC, part tiled walls, tiled floor, extractor fan and radiator.
Door leading to master bedroom and door to hallway. Bedroom Two (2.54m x 1.8m) Double glazed window to the rear, coving to ceiling, television point and a radiator.
Externally There is a communal rear garden which is mainly laid to lawn, flower, tree and shrub borders and has hedged boundaries.
To the front there is a private driveway with one designated parking space, however there are spare bays and there are also private electronic entrance gates.
Agents Note The vendor informs us the property will be partly furnished.
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.
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FAQ
About 2, Belmont Court, Belmont
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