3-bedroom terraced house · DH1 1JG
Listing removedListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Walking Distance to Durham City ** No Chain ** Good Potential ** Ideal Investment ** Upgrading Required ** Early Viewing Advised ** This three-bedroom end-terraced house is situated in the highly sought-after area of Gilesgate, just a short distance from Durham city centre.
The property benefits from UPVC double glazing and features an enclosed, private rear garden, offering a pleasant outdoor space with a sunny aspect.
Internally, the accommodation comprises an entrance hallway leading into a comfortable lounge and dining area, which enjoys natural light from both the front and rear windows and has gas fire.
The kitchen is fitted with a range of white units, includes a breakfast bar, and provides direct access to the outside.
To the first floor, there are three well-proportioned bedrooms along with a family bathroom/WC.
Externally, the property offers both front and rear gardens, with the rear garden being enclosed, making it ideal for privacy and outdoor enjoyment, and also has useful outhouse storage.
While the home is located in a popular and convenient area that will appeal to a wide range of buyers, it does require some modernisation.
However, it presents an excellent opportunity for those looking to add value, whether for resale or as a rental investment.
Location - Gilesgate is a highly sought-after village, prized for its convenient yet picturesque setting on the edge of Durham.
It offers the perfect balance between peaceful residential living and easy access to the vibrant city centre, making it especially appealing to professionals, families, and commuters alike.
Residents can enjoy scenic riverside walks along the River Wear, as well as pleasant strolls into Durham’s historic core, renowned for landmarks such as Durham Cathedral and Durham Castle.
For commuters, Gilesgate is exceptionally well-positioned.
Its close proximity to Durham train station provides direct rail links to major cities, while the nearby A690 offers swift access to the A1(M), connecting you easily to Newcastle, Sunderland, and beyond.
This strategic location makes daily travel both straightforward and efficient. Within the village itself, residents benefit from a range of everyday amenities.
These include local shops, a convenience store, a friendly public house, and a variety of take-away options catering to different tastes.
Just a short drive away, the popular Dragonville Retail Park expands the offering with a wider selection of retail outlets, a supermarket, and a petrol station.
For even more choice, Durham city centre provides an extensive array of shopping, dining, and leisure facilities.
Gilesgate is also well-suited to families, with a number of well-regarded schools in the area. These include St Hild's Church of England Primary School.
Older students could attend highly regarded secondary schools such as Durham Johnston Comprehensive School and St Leonard's Catholic School, both known for their strong academic reputations.
Agents Notes - Council Tax: Durham County Council, Band A - Approx.
£1701p.a Tenure: Freehold Estate Management Charge – NA Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – 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 within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Probate – NA Rights & Easements – None known Flood risk – Refer to the Gov website - Coastal Erosion – Refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – None known Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out 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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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 advisors before making any investment decisions.
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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 Heaviside Place, Gilesgate, Durham
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