2-bedroom terraced house · DH1 1JN
Sold STCListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a rare opportunity to acquire a mid terraced house in Durham City Centre.
Currently in need of full refurbishment, this property presents a genuine blank canvas, making this is an ideal investment opportunity or owner occupier project with excellent scope to add value.
Full Description - Internally the property comprises: entrance hallway, lounge, kitchen, ground floor bathroom suite and rear entrance lobby.
Stairs from the hallway lead to the first floor landing and two bedrooms. Externally there is on street parking to the front and an enclosed yard to the rear.
The property does have UPVC double glazing but does require a full gas central heating system.
This is a popular student rental area situated at the top of Claypath or also ideal for any owner occupier looking to be within easy reach of all the Durham City Centre amenities.
This is the perfect chance to modernise a well-located city-centre house exactly to your taste and maximise its potential. Internal inspection is essential to fully appreciate the opportunity.
Area Information - Renny Street is a prime residential area which It benefits from excellent transportation links with regional rail and bus networks and is in easy reach of the A690, less than 2 miles from the A1M and just 18 miles to the south of Newcastle upon Tyne.
The city centre shops, marketplace, library, cinema, theatre, railway station, bus station, castle, cathedral and leisure centre (with swimming pool and gym) are all within walking distance of the property.
A network of riverside footpaths and walks are also within easy walking distance.
Durham City is delightful with its cobbled streets and its varied amenities which include the marketplace, a range of local and regional retailers, and a number of well-regarded restaurants and bars.
Entrance Hallway - Tiled flooring and stairs with under stair storage cupboard leading to the first floor landing.
Lounge - 4.49m x 3.51m (14'8" x 11'6") - Feature fireplace with inset coal fire and alcove cupboards with shelving.
Kitchen - 2.78m x 1.82m (9'1" x 5'11") - Range of floor units with laminate worktops and inset sink unit. Part tiled walls.
Bathroo0m - Wc, wash hand basin, panel bath, part tiled walls, tiled flooring and airing cupboard. Rear Entrance Lobby - Tiled flooring and rear access door to enclosed yard.
First Floor Lanidng - Loft access. Bedroom 1 - 4.42m x 3.05m (14'6" x 10'0") - Feature fireplace. Bedroom 2 - 3.35m x 2.40m (10'11" x 7'10") - Enclosed Yard - Freehold.
- We have been informed that the property is Freehold. Interested purchasers should seek clarification of this from their Solicitors. Important Information.
- Please note that all sizes have been measured with an electronic measure tape and are approximations only.
Under the terms of the Misdescription Act we are obliged to point out that none of these services have been tested by ourselves.
We cannot vouch that any of the installations described in these particulars are in perfect working order.
We present the details of this property in good faith and they were accurate at the time of which we inspected the property.
Stuart Edwards for themselves and for the vendors or lessors of this property whose agents they are, give notice, that: (1) the particulars are produced in good faith, are set out as a general guide only, and do not constitute any part of a contract; (2) no person in the employment of Stuart Edwards has the authority to make or give any representation or warranty in relation to this property.
Property Viewing. - Contact Stuart Edwards Estate Agents for an appointment to view. Property Portals. - We are proud to be affiliated with the UK's leading property portals.
Our properties are displayed on Rightmove.co.uk, Zoopla.co.uk & OnTheMarket.com. Free Valuation.
- Our family run business is made up of friendly, professional people who have extensive experience of the housing market.
We understand estate agencies come and go, but Stuart Edwards Estate Agents has consistently secured high levels of sales throughout a 40 year period.
If you would like to arrange a free no obligation valuation, please contact Stuart Edwards Estate Agents today!
Financial Assistance - YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP THE REPAYMENTS ON THE MORTGAGE OR LOANS SECURED ON THE PROPERTY.
Through our association with a leading independent mortgage advisor we can offer the best mortgage deals available anywhere. The Property Ombudsman.
- Membership is held with The Property Ombudsman for sales and lettings. Thanks. - Thank you for accessing these details.
Should there be anything further we can assist with, please contact our office. Please note Stuart Edwards Estate Agents is the trading name for Bluepace Durham Ltd.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Renny Street, Durham
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