3-bedroom house · DH1 4RP
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a generous plot within one of Durham City's most sought-after residential locations, this substantial three-bedroom period townhouse offers spacious accommodation arranged over three floors, together with extensive gardens, garage facilities, workshop space and off-street parking.
Rich in character and charm, the property retains a wealth of attractive period features while also presenting exciting potential for further enhancement and development, subject to the necessary consents.
An impressive entrance hall creates a striking first impression, featuring elegant spindle staircases leading both to the upper floor accommodation and the versatile basement level.
The beautifully proportioned lounge enjoys a large bay window that floods the room with natural light, complemented by a feature fireplace that forms an attractive focal point.
To the first floor are three well-proportioned bedrooms, including a generous principal bedroom with walk-in dressing room/wardrobe and a stylish contemporary shower room.
Completing the upper floor is a modern refitted family shower room/WC.
At basement level, the property boasts a superb open-plan kitchen and dining space, ideal for modern family living and entertaining.
The kitchen is fitted with a comprehensive range of contemporary units, together with space for appliances, while the spacious dining area enjoys direct access via patio door to a lower-level patio.
This level is completed by a convenient cloaks/WC. Externally, the property continues to impress.
Twin garages are positioned to the side elevation, one of which is currently utilised as a workshop, offering excellent flexibility for hobbies, storage or home-working requirements.
A sun room overlooks the rear garden, providing an ideal space to relax and enjoy the outlook.
The generous rear garden is currently uncultivated and offers tremendous scope to create a superb outdoor living environment. The property is offered to the market with no onward chain.
Location: Princes Street is an attractive and highly regarded terrace situated just off Western Hill, a long-established and desirable area of Durham City.
The property enjoys a superb position within comfortable walking distance of the city centre, offering an excellent range of shopping, leisure and cultural amenities.
Durham's bus and railway stations are also easily accessible, together with County Hall, Durham University Hospital, the Land Registry, Durham Johnston School and St Leonard's Catholic School, making this an ideal location for families, professionals and commuters alike.
Property Information Tenure: Freehold (subject to a flying freehold element).
The adjoining property to the rear enjoys pedestrian access via the passageway between the house and garages, with the second bedroom extending above this passageway.
The property benefits from all Mains Services including, gas, electricity, water, drainage and sewerage. Parking Permit Area for on street parking.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 2, Princes Street, Durham
Explore nearby