2-bedroom house · DH1 4HA
For saleReduced £30k (−9.1%) on 5 AugListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever popular Laburnum Avenue, in the viaduct district of Durham City, this traditional three bedroom Victorian mid terrace property presents a rare opportunity for buyers seeking a home with exceptional potential.
Ready for modernisation throughout, the property offers a fantastic blank canvas to create a stunning family home, investment property, or lucrative renovation project in one of Durham's most sought after residential locations.
The accommodation retains many of the generous proportions synonymous with Victorian homes, comprising a welcoming entrance hallway, spacious reception rooms, and a kitchen to the ground floor, whilst the first floor provides three well-sized bedrooms and a family bathroom.
The property's character, combined with its footprint, offers enormous scope for refurbishment, remodelling, and value enhancement, (subject to any necessary consents.) Externally, the property benefits from a rear yard/garden area with further potential for improvement, creating additional outdoor living space to complement the internal accommodation.
Laburnum Avenue enjoys an enviable position just a short distance from Durham City Centre, Durham University, the railway station and an excellent range of local amenities, shops, bars and restaurants.
The property is also ideally placed for commuters, with easy access to the A1(M), A690 and surrounding business hubs.
Offering huge development potential and available with no onward chain, this is an exciting opportunity for investors, developers and buyers looking to create a bespoke home in a highly desirable location.
Early viewing is strongly recommended to fully appreciate the scope and possibilities on offer.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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.
Area
Agent & docs
FAQ
About 20, Laburnum Avenue, Durham
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