2-bedroom terraced house · DH7 9SR
To rentListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the sought-after Palm Street in Langley Park, this charming two-bedroom property offers a fully newly refurbished well-proportioned accommodation and an excellent location.
The home features a bright and welcoming living space, two comfortable bedrooms and one bathroom with overbath shower, providing a practical and appealing layout throughout.
Langley Park is a well-connected village with a range of local amenities, including shops, schools and everyday services, all within easy reach.
For those needing to travel further afield, the property is conveniently placed for transport links.
Nearby bus services provide access to surrounding towns and villages, while Durham City is easily reached by road.
The nearest rail links are available at Durham Station, offering regular services to Newcastle, York, Leeds and London connections.
With its attractive location and balanced accommodation, this Palm Street home presents a wonderful opportunity in a popular County Durham setting.
A holding deposit equivalent to 1 weeks rent will be required to reserve the property while referencing checks are being carried out.
With the tenants' consent this holding deposit will be refunded against the first months rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the afore mentioned reasons may result in you losing your holding deposit. An extension to the deadline may be entered into if agreed in writing by all parties.
Right to Rent Checks By law, Right to Rent checks must be carried and as such will be required to provide proof of ID and address in accordance with Home Office guidelines.
More information can be found at: Reference Checks and Credit Worthiness All applicants will be subject to a credit check carried to check for CCJs and IVAs Applicants will need to provide proof of an income of at least 2.5 x annual rent.
applicants will require a guarantor who is working and able to provide proof of an income 3x the annual rent.
We will also carry out employment checks, affordability checks, previous landlord reference and proof of address history, usually up to 3 years.
Documentation that may be required Passport, driving licence, bank statements (to assess income), utility bill (proof of address), payslips, benefits award letter, WFTC award letter.
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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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 advisers 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
Agent & docs

FAQ
About Palm Street, Langley Park
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