2-bedroom flat · DH1 1BL
For saleListed 65 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We offer for immediate sale, with vacant possession, this attractive and well presented ground floor apartment in the quaint Grange Court development, In Belmont.
Ideally located for easy access to Durham City, the A1 and A690 / A19 The property has many great features, including open plan living and kitchen area, which hosts a range of wall and floor units and fitted oven and hob with extractor hood.
There is ample space for a small dining table and sofas.
There are french doors to the front and rear of the property, meaning the new owners can choose to use these for private entry and exit rather than using the communal entrance and hallway if preferred.
The property also has two double bedrooms, making it ideal for two sharers.
*The remaining lease length is 104 years* Please note that this is a corporate entity and as such the property is to be marketed as sold as seen.
Buyers should be made aware that limited information will be available with regards to Property Information Form enquiries.
Agents Note Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
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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 10, Grange Court, Durham
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