2-bedroom flat · DH1 1BL
Listing removedReduced £100 (−12.5%) on 21 JunListed 212 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are pleased to bring to the market for rent, this well presented top floor (2nd floor) apartment, located in the highly sought after area of Carrville.
This modern and well maintained property offers light and airy accommodation.
A large open plan living room and kitchen sets the tone with Juliet balconies from both sides of the property, allowing abundance of natural light throughout.
The kitchen provides enough space to accommodate dining table and chairs and offers a range of wall and base units with plenty of work top space.
With an oven and gas hob with extractor fan above, there is space for a freestanding dishwasher and a washing machine, whilst the sink is situated nicely facing to the lounge area.
Two good sized bedrooms are available with dormer style windows and both are carpeted for a cosy finish.
A family bathroom, is neutral and has a bath with shower attachment and beige splash back tiling, a hand basin and W/C whilst grey flooring compliments for easy maintenance.
This apartment offers an allocated parking space.
Carrville is a highly sought after village, located within close proximity to Durham city centre, and has excellent transport links via the A690 and A1 motorway.
Carrville itself offers a wide range of local amenities, including an array of shops, a primary school, beauty salons and much more.
Call our Durham branch to book your viewing and avoid disappointment!
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria.
However, couples who have previously co-habited, are married or are in a civil partnership will have their incomes combined and assessed jointly.
- Self- will require an accountant's reference and should have accounts for a minimum of two years. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: B Deposit: 825.00 Length of Tenancy: 6 months Hallway Enter through shared entrance with intercom system, into hallway that gives access to bedrooms, bathroom, kitchen and living area.
Bedroom 1 Double bedroom neutrally decorated, with double glazed window to the back of the property.
Bedroom 2 Spacious room with double glazed window to the front of the property Bathroom Main bathroom with three piece suite, consisting of WC, hand basin and bath.
Kitchen Open plan kitchen and living area, with breakfast bar, integrated oven and gas hob and extractor hood. There are two Juliet balconies, one from the kitchen and one from the living room.
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 28, Grange Court, Durham
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