3-bedroom detached house · DH1 3QS
Listing removedListed 186 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bradley Hall is delighted to bring to the market this charming and well-presented, three double bedroom, detached family home, ideally positioned within the highly sought-after Merryoaks area of Durham.
The property benefits from a block-paved driveway providing off-street parking and access to a single garage.
Upon entering, a welcoming entrance porch leads through to a spacious and inviting living room, which flows seamlessly into the dining area—creating an ideal space for both everyday living and entertaining.
From the dining room, you are led into a bright and airy garden room, offering delightful views over the rear garden and providing a bright and relaxing additional reception space.
The kitchen is well-appointed with a range of wall and base units, complemented by a practical breakfast bar.
Additional features include a useful storage cupboard and a side door providing convenient access to the garden. To the first floor, the property offers three generously sized double bedrooms.
The main bathroom is fitted with a bath, wash basin, WC, and shower over the bath.
The principal bedroom further benefits from an en-suite shower room, comprising a shower cubicle, wash basin, WC, and a chrome heated towel rail.
Externally, the property boasts a private rear garden, predominantly laid to lawn with a patio area—perfect for outdoor dining and enjoying the warmer months.
Location Oliver Place is pleasantly situated within the ever-popular Merryoaks development, a well-established residential area on the outskirts of Durham City.
The location is particularly appealing to families and professionals alike, offering a peaceful setting while remaining conveniently close to the city centre.
Durham City lies just a short distance away, providing an excellent range of shopping, dining, and cultural amenities, as well as the renowned Durham University and historic landmarks such as Durham Cathedral and Castle.
The area is well-served by highly regarded local schools, making it an attractive choice for families.
There are also excellent transport links nearby, with easy access to the A690 and A1(M), allowing for straightforward commuting to Newcastle, Sunderland, and beyond.
Durham railway station offers regular mainline services, including connections to London.
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 Oliver Place, Durham, DH1
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