1-bedroom flat · DH1 4PW
Listing removedListed 174 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxury Penthouse apartment in Durham City Centre with all bills included.
Fantastic spacious studio apartment for professionals or students in prime location offering unrivalled views of Durham Cathedral and Castle and the river.
Just minutes walk from Starbucks, Sainsbury's, Silver Street shops and all amenities within Durham City Centre.
The apartment offers spacious open plan living with all brand new high specification fixtures and fittings throughout. Property Features: Open plan living 36 sq.
m Fully furnished New modern fitted kitchen with built in appliances Washing machine included Dining area with table New ensuite walk in shower room Study area 50" wall mounted Smart Ultra High Definition TV Small double bed, desk, bedside tables and fitted wardrobe CCTV in common areas Unique City Centre location with views of Castle and Cathedral Electric Heating All bills included (not TV Licence) Suitable for couples to share Council Tax Band: A or Exempt (subject to full student occupation - tenant should clarify this with Local Authority) Holding Deposit (to reserve the property): £400 EPC Rating: C
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 12 Bridge House, Durham
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