2-bedroom house · DH7 6TA
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular village of Witton Gilbert, this well-presented two-bedroom end-terrace home is an excellent opportunity for first-time buyers, downsizers, or investors looking for a property in a convenient and well-connected location.
The interior is neutrally decorated throughout, offering a bright, welcoming space that is ready to move into while providing the perfect blank canvas for a new owner to make it their own.
The spacious living room is filled with natural light thanks to its large windows and features an attractive fireplace as a central focal point, creating a comfortable setting for relaxing or entertaining.
The kitchen is equally bright and practical, offering a functional layout with plenty of natural light. Upstairs, the property offers two bedrooms.
The generous principal bedroom benefits from built-in wardrobes, while the second bedroom also includes fitted storage, making excellent use of the available space.
A family bathroom completes the accommodation. Externally, the property benefits from parking, adding valuable everyday convenience.
Witton Gilbert is a sought-after village offering a range of local shops, amenities and services, with the historic city of Durham just a short distance away, providing an extensive selection of shopping, dining and leisure facilities.
The surrounding area also offers attractive green spaces and countryside walks, ideal for outdoor enthusiasts, while a choice of well-regarded schools makes the location appealing to families.
Excellent transport links further enhance the property's appeal.
Regular bus services provide easy access to Durham city centre and surrounding areas, while Durham railway station offers direct connections to Newcastle, Darlington, York and London, making this an ideal base for commuters.
The property is currently in Council Tax Band A.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 12, Falkous Terrace, Durham
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