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 1EG
For saleListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
ATTENTION INVESTORS! The property is currently let at £695 PCM. Modern first floor apartment, conveniently located and available with no onward chain.
Externally there's a communal garden and off road parking. Full Decription - ATTENTION INVESTORS! The property is currently let at £695 PCM.
Modern first floor apartment, conveniently located and available with no onward chain.
The living accommodation comprises: entrance hallway, open plan lounge/dining room with Juliet balcony and opening into the fitted kitchen.
Bedroom 1 has an en-suite, there's also a 2nd double bedroom and bathroom suite. Externally there's a communal garden and off road parking.
Having UPVC double glazing and electric central heating with radiators to all rooms.
Area Information - Set just 2 and a half miles from beautiful, historic Durham City and has everything to offer in terms of location.
Carrville has so much to offer with its modern shopping and leisure facilities combined.
High street is close to good primary and secondary schools, library, playground, park, doctor and dental surgeries, pub and local shops including a post office.
Carrville is served with an excellent transport network with park and ride facilities into Durham, the A1(M) and A690 are within a mile providing links North and South , and the Durham Railway Station providing access to the East Coast Mainline.
Entrance - Having a panel radiator and cupboard housing the electric boiler. Lounge/Dining Room - 4.06m x 5.16m - Electric panel radiator and double glazed patio door leading to the Juliet balcony.
Kitchen - 3.12m x 2.9m - Range of wall ad floor units with laminate worktops and inset one and a half bowl stainless steel single drainer sink unit.
Stainless steel extractor hood and plumbed for automatic washing machine. Bedroom 1 - 4.17m x 2.62m - Panel radiator. En-Suite - Low level wc, wash hand basin and shower cubicle with electric shower.
Bedroom 2 - 4.57m x 2.29m - Panel radiator. Bathroom - White suite comprising: low level wc, pedestal wash hand basin and panel bath with bath tap shower fitting.
Communal Garden - Private Parking - Tenure - Leasehold - We have been informed that the property is Leasehold and has a monthly service charge of £120.00.
Interested purchasers should seek clarification of this from their Solicitors.
Epc Information - EPC Rating - D EPC Link - Important Information - Please note that all sizes have been measured with an electronic measure tape and are approximations only.
Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves.
We cannot vouch that any of the installations described in these particulars are in perfect working order.
We present the details of this property in good faith and they were accurate at the time of which we inspected the property.
Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.
Viewing - Contact Stuart Edwards Estate Agents for an appointment to view. Website Coverage - We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on Rightmove.co.uk, Zoopla.co.uk & OnTheMarket.com.
Financial Advice - YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON THE MORTGAGE OR LOANS SECURED ON THE PROPERTY.
Through our association with a leading independent mortgage advisor we can offer the best mortgage deals available anywhere.
Free Valuation - Our family run business is made up of friendly, professional people who have extensive experience of the housing market.
We understand estate agencies come and go, but Stuart Edwards Estate Agents has consistently secured high levels of sales throughout a 40 year period.
If you would like to arrange a free no obligation valuation, please contact Stuart Edwards Estate Agents today! Thank You - Thank you for accessing these details.
Should there be anything further we can assist with, please contact our office. Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
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 Pickering Place, Durham
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