2-bedroom flat · DH1 5XP
Sold STCListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two bedroom upper flat with rear garden is located in a cul de sac position on the sought after Newton Hall estate and available with a sitting tenant currently paying £650 PCM.
The spacious accommodation with combi gas central heating and UPVC double glazing comprises of an entrance lobby with stairs leading to the first floor, landing with useful storage cupboard, spacious living room, comprehensively fitted kitchen with recently installed oven and worksurfaces, two double bedrooms and a stylish modern bathroom.
Externally there is a large lawned garden to the rear of the property and an off road parking space. Newton Hall offers a wide range of local amenities including shops and pubs.
It is within easy reach of the nearby Arnison Centre and has excellent access in to Durham City. Viewing is highly recommended. Entrance Lobby - Entered via UPVC door.
Having stairs leading to the first floor. First Floor - Landing - With laminate flooring and a useful built in storage cupboard.
Living Room - 4.41 x 3.40 (14'5" x 11'1") - Spacious living room with a UPVC double glazed window to the front, laminate flooring and radiator.
Kitchen - 2.84 x 2.38 (9'3" x 7'9") - Fitted with a range of wall and floor units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, gas cooker with four ring gas hob, washing machine and fridge/freezer.
Further features include tiled flooring, tiled splashbacks and a UPVC double glazed window to the rear.
Bedroom One - 3.08 x 3.08 (10'1" x 10'1") - Generous double bedroom with fitted wardrobes to one wall providing ample storage and housing the combi gas central heating boiler (fitted 2022), radiator, laminate flooring and a UPVC double glazed window to the front.
Bedroom Two - 2.98 x 2.72 (9'9" x 8'11") - Further well proportioned bedroom with a radiator and UPVC double glazed window to the rear.
Bathroom/Wc - Fitted with a modern white suite comprising of a panelled bath with mains fed shower over, low level WC and wash basin inset to vanity unit.
Having a radiator, tiled walls, tiled flooring and a UPVC double glazed window to the rear. External - To the rear of the property is a large lawned garden.
Agent Notes - Please note that the photos used for marketing were taken before the commencement of a tenancy which has just ended and does not necessarily reflect its current condition and decor, although all fixtures remain the same
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Blanchland Avenue, Newton Hall, Durham
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