4-bedroom house · DH1 2ET
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** STUDENT PROPERTY - BILLS EXCLUDED ** The accommodation comprises: Entrance hall with staircase to first floor, double aspect lounge, open plan kitchen and door to rear garden.
To the first floor there are four bedrooms and a bathroom. Outside there are lawned gardens to the front and rear with the rear garden having an additional patio area.
The gardens are private and not overlooked and are all enclosed by fencing.
The property occupies a position on the outskirts of Durham City centre, close to a range of local shops and amenities which are available within Gilesgate, with a range of shopping and amenities are available within Durham City centre which lies within walking distance.
Gilesgate is also well placed for commuting purposes as it lies a short drive from the A1(M) motorway interchange which provides good road links to major towns and cities in the North & South.
EPC Rating - C BOND £300 PER STUDENT | £109 PER WEEK PER STUDENT Redress - For Redress we subscribe to the Property Redress Scheme (PRS) – Premiere House, 1st Floor, Elstree Way, Borehamwood, Hertfordshire WD6 1JH
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 41 Oak Avenue, Gilesgate, Durham
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