4-bedroom house · DH1 4TP
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** STUDENT PROPERTY - BILLS EXCLUDED ** Large terraced property with separate lounge with dinner, three double and one single room, cloakroom down stairs, big family bathroom, fully equipped kitchen and one parking space.
All bills included. Situated in what has typically proven to be one of most popular locations within Durham, we offer to let this spacious, and well-presented four bedroom home.
Millbank Court is well situated for Durham City wide array of amenities, recreational facilities, bars, restaurants and clubs.
There is also excellent transport facilities with the train and bus stations being within walking distance. University colleges are well placed for Millbank Court.
Such a superb quality property, we would strongly recommend an early internal inspection to fully appreciate the accommodation on offer. Includes unlimited broadband, water.
EPC Rating - C BOND £700 | 3 ROOMS AT £178 PER WEEK PER STUDENT/ 1 ROOM AT £172 PER WEEK PER STUDENT | 12 MONTHS TENANCY * Video tour from 2020.
Property may be subject to slight alternations or changes.
Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH
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
Agent & docs
FAQ
About 5 Millbank Court, Durham
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