2-bedroom flat · DH1 1HJ
To rentListed 7 days
Opportunity summary
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About
First Floor ** Well Presented ** Garage / Driveway ** Upgraded Electric Heating ** Communal Gardens ** Popular Location ** Good Local Amenities & Road Links ** Early Viewing Advised The property comprises: entrance, spacious open living room with dining area, kitchen, two double bedrooms and bathroom/wc with over bath shower.
There is a garage with driveway parking and communal gardens mostly laid to lawn.
The property comes with sofa, breakfast bar chairs, double bed, dressing table, bed side units, storage unit, fridge, freezer, washing machine, oven and hob.
** The images are from before the current tenancy ** Prebends Field is well situated for access to local shopping and recreational facilities available within the development itself as well as Gilesgate.
Gilesgate is also well placed for commuting purposes being just off the A(690) Durham to Sunderland Highway and is well placed for access to the A1(M) Motorway and the A(19) Highway.
Council Tax Band - A Annual Cost - £1666.64 EPC Rating - E BOND £750 Required Earnings: Tenant Income - £27,000 Guarantor Income - £27,000 Entrance - Landing Entrance - Living Room - 4.65m x 3.35m (15'3 x 11'0) - Kitchen Breakfast - 2.67m x 2.34m (8'9 x 7'8) - Bedroom - 3.15m x 2.74m (10'4 x 9'0) - Bedroom - 3.66m x 2.87m (12'0 x 9'5) - Bathroom - Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH Agents Notes - Property Construction – Standard, non-traditional Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only No Gas Electricity supply – Mains Water Supply – Mains (metered) Sewerage – Mains Heating – Electric Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Selective licencing area – no Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the landlord prior to marketing.
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 before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Prebends Field, Gilesgate, Durham
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