2-bedroom flat · DH1 1EG
Listing removedReduced £20 (−2.5%) on 15 AprListed 225 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Carrville offers the perfect balance between countryside charm and city convenience.
With its friendly village atmosphere, traditional pubs, cosy cafés and convenient local shops all within walking distance, it provides a peaceful setting to unwind while still being close to everything you need.
Located just east of Durham city centre in County Durham, Carrville is ideally positioned near Junction 62 of the A1(M), offering excellent transport links to Newcastle upon Tyne, Sunderland and surrounding areas.
The village combines a strong residential community feel with easy access to the amenities, restaurants and cultural attractions of Durham.
This modern apartment has been newly decorated throughout and benefits from brand new carpets, finished to a high standard and ready to move straight into, offering stylish and comfortable living.
The open-plan lounge and kitchen area is bright and spacious, filled with natural light and featuring double doors leading out to a private balcony.
The space is neutrally decorated with attractive wood-effect flooring.
The kitchen is fitted with a range of wall and base units, contrasting worktops, and integrated appliances including a dishwasher, fridge/freezer, washer, oven, hob and extractor fan.
The master bedroom is carpeted and tastefully decorated in neutral tones, benefiting from a modern en-suite comprising a shower cubicle, WC and pedestal wash hand basin.
The second double bedroom is also well presented and features a double-glazed window.
The main bathroom is partially tiled and fitted with contemporary fixtures, including a panelled bath with shower over and glass screen, WC, pedestal wash hand basin and heated towel radiator.
The property also benefits from off-street parking within the development’s private car park.
Situated in a prime village location with excellent connectivity, this apartment is ideal for professionals or couples seeking a stylish and conveniently located home.
Urban Base ta Northwood Tyneside Ltd is a member of The Property Ombudsman Scheme and the Propertymark Client Money Protection Scheme.
Our landlord and tenant fees can be found at the following links Landlord Tenant EPC rating: C.
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 Pickering Place, Carrville, Durham, DH1
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