3-bedroom terraced house · DH1 4QU
Sold STCListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to offer for sale this centrally located three/four bedroomed terraced family home requiring some modernisation and updating.
With outstanding Cathedral views from the upper floors, this good sized three storey home has a flexible floor plan. On the entrance level there are stairs to the upper and lower floors.
On the lower ground floor there is a storage cupboard in the hallway, cloakroom with low level wc and wash hand basin, living space which could be used as a lounge or dining room, and a kitchen/breakfast room with a range of floor and wall units with a stainless steel sink drainer unit, space for electric cooker, plumbing and space for washing machine, plumbing and space for dishwasher, space for freestanding fridge and freezer and a door giving access to the small garden to the rear.
On the ground floor there is an internal door from the hallway into the garage and a good sized lounge with two windows to the rear.
To the first floor there are three bedrooms, two of which have fitted wardrobes and the two rear bedrooms have a good view of the Cathedral, and a bathroom with a suite comprising low level wc, wash hand basin with cupboards under and a panelled bath with mains fed wall mounted.
Externally there is a small courtyard area to the front of the property accessed via some steps down, while there is a private patio garden with established flowers.
In addition Briardene has a communal garden area for the use of the residents.
There is a driveway providing off street parking which gives access to a garage with insulated sectional door, light and power and a wall mounted boiler.
Briardene is a small popular modern residential development situated on the outskirts of the immediate City Centre where a short walk leads to comprehensive shopping and recreational facilities and amenities.
It is also within walking distance of many of the University and College buildings and the mainline train and bus stations.
Briardene is also within a few minutes drive of the A(167) Highway which provides good road links to both North and South and is within easy reach of the A(690) Durham to Sunderland Highway and the A1(M) Motorway providing good road links to other parts of the region.
Durham Johnston and well respected local junior schools are all in easy walking distance.
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 – E Tenure – Freehold Briardene Residents Association charges an annual fee (currently) £250 for maintenance for the shared grounds of Briardene.
PART B Property Type – Terraced 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- driveway and garage 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 – The property is in Durham City Conservation Area Probate- The sale of the property is subject to obtaining probate 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.
There is a covenant on the property to stop the houses from being rented out for multiple occupation.
The white goods in the kitchen and the shelving in the house will remain Due to the house standing empty the sellers have had a precautionary treatment spray for moths although no evidence was noted when the house was inspected.
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
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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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About Briardene, Durham City, DH1
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