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See how verdicts work2-bedroom house · DH7 6SG
Listing removedListed 402 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deceptively spacious and much improved end terraced home with gas fired central heating and double glazing throughout.
Offering immaculately presented accommodation with flexible living the property briefly comprises to the ground floor: Living room and dining kitchen which has been recently replaced.
To the first floor there are two double bedrooms, along with a recently replaced bathroom. Externally the property boasts gardens to the front and rear and single garage.
The property is situated on this popular development within easy reach of local facilities and amenities within Witton Gilbert itself.
Witton Gilbert is well placed approximately 4 miles from Durham City Centre where there are more comprehensive shopping and recreational facilities and amenities available and it is well placed for commuting purposes as it lies just off the A(691) Durham to Consett Highway which provides good road links to other regional centres.
This stunning home really must be viewed to appreciate the standard and size of accommodation on offer.
Living Room (4.45m x 3.5m) Double glazed window to front, fireplace with electric fire, television point, radiator, double glazed door to front and staircase to first floor.
Dining Kitchen (4.38m x 3.48m) Fitted wall and base units with coordinating work surfaces, sink unit, integrated electric oven, integrated electric hob, extractor hood, integrated microwave, space for washing machine, island/breakfast area, tiled floor, radiator, double glazed window to rear and double glazed door to rear.
First Floor Landing Storage cupboard and access to roof space. Master Bedroom (4.38m x 2.53m) Double glazed window to front, fitted wardrobes and radiator.
Bedroom Two (3.32m x 3.48m) Double glazed window to rear and radiator.
Bathroom White three piece suite comprising panelled bath with shower over, wash hand basin in vanity unit, low level WC, tiled walls, heated towel rail and extractor fan.
Front Garden Laid to lawn with fenced boundaries and gated access. Rear Garden Mainly paved with fenced boundaries, gated access and door to garage.
Garage Up and over door, light and power points and door to rear garden. EPC Rating C Council Tax Band A
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 73, Norburn Park, Durham
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