4-bedroom house · DH1 4GD
Listing removedListed 632 days
Opportunity summary
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About
Summary *Spacious Town House In A Highly Sought After Location* This fantastic home is situated just by Neville's Cross, Durham, the perfect location for families, and investors with ease of commuting into Durham city/ Newcastle with close motorway links.
Upon entry to the home, an elongated main hall with W/C and internal garage access. A further vestibule with ground floor bedroom four.
To the first floor, a spacious modern kitchen/ diner and large reception room with frontal bay window and a further convenient utility.
Upon the second floor, three well-proportioned bedrooms of double proportions, the master with an en-suite shwoer room. A three-piece family bathroom suite also inclusive within this floor.
Externally, a private driveway and garage access with a frontal shrubbery section.
This property is to be sold on a leasehold basis, although it's new owner would acquire a director role of the company in which owns the Freehold.
Council Tax Band: E Tenure: Leasehold Length of Lease: 977 Entrance Hall (6.00m x 1.39m) Entrance door with elongated hall, W/C access, garage access and stairs to the first floor.
Reception Room (5.05m x 5.51m) X2 frontal windows, with 1 bay, corner fireplace and radiator.
Kitchen (4.42m x 3.17m) Modern, shaker-style wall & base units, gas hob, double mounted ovens, worktops, steel sink & washboard with mixer tap, laminate flooring, spotlights and window.
Master Bedroom (4.06m x 3.04m) Window with below radiator, built-in storage and en-suite access. Second Bedroom (3.80m x 3.28m) Window with radiator & walk-in storage.
Third Bedroom (3.03m x 2.27m) Window with radiator and storage. En-Suite (1.63m x 2.00m) Wash basin with free standing shower unit, toilet, extractor fan and tan tiling throughout.
Bathroom (2.16m x 2.05m) Bath tub with above shower unit and screening, wash basin, toilet, window and tan tiling throughout. Bedroom 4 (3.26m x 3.00m) Window with radiator.
Passage/ Entrance (3.26m x 2.31m) Entry door & radiator.
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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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 3, Cross Valley Court, Durham
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