2-bedroom flat · DH1 1HS
Listing removedListed 185 days
Opportunity summary
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About
An instant income stream - The property is currently let, with tenants secured for the remainder of this academic year at £15325.96 p/a, and further tenants already in place for the next academic year (July 2026 to June 2027) at a rental income of £16,986.25 per annum, making this an appealing opportunity for investors.
This well-presented two-bedroom apartment offers a comfortable and contemporary living environment, ideal for both investors and homeowners seeking a secure, low-maintenance property.
The spacious living area is enhanced by large windows, allowing plenty of natural light to fill the room and providing a welcoming atmosphere for relaxation or entertaining guests.
The modern kitchen is thoughtfully designed with an integrated oven and ample cupboard space, making meal preparation convenient and enjoyable.
Both bedrooms feature built-in wardrobes, providing generous storage solutions while maintaining a clean, uncluttered look.
The bathroom is finished to a high standard, featuring a shower enclosure and a bath-tub with attractive mosaic tiling, combining practicality with style.
Throughout the apartment, neutral decor and a combination of laminate and wood flooring create a fresh, adaptable backdrop suitable for a range of tastes.
Additional benefits include a secure entrance for peace of mind and off-road parking for added convenience.
Outside, residents benefit from well-maintained communal grounds that offer a pleasant setting and a sense of community.
The allocated off-road parking space provides ample space for residents and visitors, reducing the stress of finding a parking spot after a busy day.
The apartment’s location is well-suited for those seeking easy access to local amenities, including shops, cafes, and public transport links, ensuring that daily essentials and leisure activities are always within reach.
The surrounding area features green spaces and walking routes, ideal for those who enjoy spending time outdoors or staying active.
With secure entry points and a peaceful environment, the external features of this property complement the comfortable interior, making it a practical and appealing choice for a wide range of residents.
In accordance with Section 21 of the Estate Agents Act 1979, please be advised that the owner of this property is a person connected to Evenmore Properties.
EPC Rating: C Kitchen 2.67m x 3.47m Living Room 3.72m x 5.5m Bedroom 1 3.56m x 3.61m En-suite 1.29m x 2.52m Bedroom 2 2.52m x 2.87m Bathroom 1.69m x 2.52m Entrance Hall 2.25m x 3.61m Parking - Allocated parking
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Sidings, Durham, DH1
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