2-bedroom house · DH1 1QG
Listing removedListed 76 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Always popular due to great location, this spacious two bedroom terraced property is located on Gilesgate bank and is within walking distance of Durham city centre and is close to local amenities.
It also offers easy access to the A1. Entrance hall, lounge with sofa, recently fitted kitchen housing electric cooker, fridge, freezer, microwave and washing machine.
Master double bedroom with bed and desk and chair and second single bedroom, newly installed bathroom / wc with electric shower, small rear enclosed yard and on street parking.
The property benefits from gas central heating via radiators and UPVC double glazing.
Situated on Gilesgate bank a very short walk can be taken straight down Claypath and into the heart of Durham City Centre.
Very close to the Gala Theatre University Library and many places to eat drink and shop The train and bus station are about a 10-15 minute walk on the other side of the City Centre.
For those who drive this location offers excellent access to the A690 for Sunderland and the A1(M) for commuting North and South throughout the region.
This property always lets quickly so to avoid disappointment, call to arrange an appointment!
Council Tax Band: Holding Deposit: £207.00 Walking distance from the City Neutral decoration Popular location, close to local amenities Offers great value for money Gas heating and UPVC double glazing Spacious throughout Always lets very quickly Viewings available now Offers easy access to the A1
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 116, Durham
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