2-bedroom flat · DH1 3TX
Let agreedListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Zero Deposit Guarantee Available ** Very well presented two bedroom ground floor apartment located on the outskirts of Durham City Centre.
Offered on a furnished basis, this apartment has been finished to an excellent standard throughout with brand new carpets and blinds being installed.
Contemporary living with open plan living area including lounge, dining area and kitchen. The kitchen comes equipped with a fitted hob/oven, fridge-freezer and washer/dryer.
There are two good sized double bedrooms, both including double bedrooms and furniture. Master bedroom with en-suite shower room and main bathroom with bath. Large hallway cupboard for storage.
The apartment has electric heating throughout, double glazing and an intruder alarm. There is also an intercom entry phone for the main building door. Allocated parking in a residents only car park.
Nevilles Cross is a suburb on the edge of Durham City Centre, just a ten minute walk into town but with frequent buses.
There are a couple of near by pubs as well as a hairdressers, express supermarket and newsagents within Nevilles Cross.
The amenities of the City Centre are very close by where more food and drink facilities can be found. Conveniently situated for some of Durham City’s most popular schools and colleges.
Council Tax Band: D Holding Deposit: £230.00
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 Roundhaven, Durham, DH1 3TX
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