3-bedroom terraced house · DH1 1RE
Listing removedListed 465 days
Opportunity summary
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About
**No Forward Chain** Grade II listed Georgian City Centre property with accommodation over four floors, plus a Courtyard Garden and an allocated parking space in a private resindents' car park.
Situated within the City Centre with convenient access to all amenities including the Cathedral, the University, and the Train Station, and within 1.5 miles from the University Hospital (approximately a 34-minute walk according to Google Maps).
The cobbled street, wrought iron fence, and Georgian style windows provide curb appeal for the property.
The character continues internally with the high ceilings and large room sizes expected within a period property.
With accommodation over four floors starting with the cellar on the lower ground, the ground floor accommodation comprises a generous hallway, two large reception rooms, a fitted kitchen, a rear hall, and downstairs W/C.
On the first floor, there are two generous bedrooms and a family bathroom. There is a third bedroom, en-suite shower room, and additional space in the loft.
Externally there is a fenced forecourt garden to the front and a well-stocked courtyard garden to the rear, there is an allocated off-street parking space in a private residents' car park at the end of the terrace.
Leazes Place is located in a central area only a couple of minutes walk from the Market Place which offers a good range of local shops and amenities and has easy access to the local road networks.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – E Tenure – Freehold PART B Property Type – Terrace Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking - Allocated Parking Space in Nearby Private Residents Carpark, which is Leasehold.
PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Article 4 Planning Restricted area – the property is subject to Durham City Article 4 Direction Conservation Area – The property is in Durham City Conservation Area Probate- the property is a probate sale and probate has been obtained Rights & Easements- None Flood risk – Rivers and seas: Very Low / Surface water: Very Low Coastal Erosion – N/A Protected Trees - NA Planning Permission: 4/08/02323/ELECSA | (07/04/2008) Status: Building Work Complete One or more new circuits Dwelling house 4/08/02365/CORGI | (07/04/2008) Status: Building Work Complete Installed a Gas Boiler 4/08/01437/NICEIC | (21/01/2008) Status: Building Work Complete Dwelling house New consumer unit Shower (electrically heated or pumped) Main/ supplementary equipotential bonding Special location (room containing bath or shower swimming pool sauna) Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
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.
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About Leazes Place, Durham, DH1
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