2-bedroom flat · DH1 2BF
Under offerListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom apartment available to purchase under the Discount Market Sale (DMS) scheme at 24% below market value.
This stunning Apartment Is situated on the first floor and ben efits from its own private entrance hallway with useful storage and stairs leading up to the main accommodation.
The first floor landing offers a generous open area—perfect for a home office or study space.
The stylish open plan living/dining/kitchen area features integrated appliances and provides ample room for both relaxation and entertaining.
There are two well proportioned double bedrooms and a modern bathroom/WC complete with a shower over the bath.
Externally, the property enjoys access to communal gardens, along with one allocated parking bay and an additional visitors' parking space.
Aidan Gardens is ideally located within easy reach of everyday amenities including shops, a post office, public library, and doctors' surgery—all within the development itself.
More extensive shopping, leisure facilities and services are available nearby in Durham City Centre (approximately 3 miles away) and at Dragonville Retail Park.
Belmont offers excellent transport connections, positioned just off the A690 linking Durham and Sunderland, and close to the A1(M) for convenient travel both north and south.
Please note: Under the 'Discounted Marketing Scheme' rules, this property is not suitable for investors. Eligibility criteria apply. Full details are available from our Durham City Sales Branch.
Leasehold with 990 Years left on lease. Service Charge - £60 per month. Discounted Marketeting Scheme Criteria: Must be in housing need.
This means that the applicant can't own another property at point of purchase.
It is allowed that they can own as long as it is sold prior to completion for example a back to back sale.Must be buying the property to live in it.
Property cannot be rented out at all and if the applicant wants to move they must sell. Household income is less than £80k per year. Must have a local connection.
The local connection can be established in one of 4 ways. Residency – Applicant has lived in the county for 3 of the last 5 years.
Evidence could be Driving Licence, utility bill, government letter Employment – Applicant has a job in the county Evidence could be contract, employment letter, tax letter Caring need – A need to live in the area to either give care to someone or because care is needed.
Evidence could be letter from health worker, social
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Aidan Gardens, Durham, County Durham, DH1
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