3-bedroom semi-detached house · DH7 8QN
Listing removedListed 61 days
Opportunity summary
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About
Venture Properties are delighted to offer the opportunity to purchase with no chain involved, this three bedroom semi detached house in a popular location, close to local amenities and within 3 miles of Durham City.
The property offers generous and well proportioned accommodation throughout that is in need of modernisation but would be ideal for first time buyers, growing families and investors.
The spacious floor plan comprises of entrance hall leading to an open plan living and dining room, kitchen and a side lobby with storage/utility area.
To the first floor there are three well proportioned bedrooms and a bathroom/WC. Externally there is a low maintenance garden and driveway to the front and an enclosed, lawned garden to the rear.
Early viewing is highly recommended to avoid disappointment. Ground Floor Hall A welcoming hallway entered via a composite door.
Having a window to the front, stairs leading to the first floor, a useful under stair storage cupboard and radiator.
Open Plan Living And Dining Room (6.69 x 3.95 (21'11" x 12'11")) A spacious reception room with two windows to the rear, a feature fireplace housing a gas fire and radiator.
There is ample space for a dining table and chairs.
Kitchen (3.70 x 3.66 (12'1" x 12'0")) Fitted with a range of unit and worktops incorporating a stainless steel sink and drainer unit, fridge/freezer space and plumbing for a washing machine.
Having a window to the front, a walk-in pantry and radiator. Lobby With a door to the front and storage cupboard. Having a further large store/utility measuring 2.23 x 2.12 metres.
First Floor Landing With access to the loft. Bedroom One (4.29 x 3.03 max (14'0" x 9'11" max)) A generous double bedroom with a window to the rear of the property, wardrobe and radiator.
Bedroom Two (3.12 x 3.11 (10'2" x 10'2")) Spacious double bedroom with a window to the side of the property, wardrobe and radiator.
Bedroom Three (3.03 x 2.31 (9'11" x 7'6")) Further well proportioned double bedroom with a window to the rear and radiator.
Bathroom/Wc (2.51 x 2.16 (8'2" x 7'1")) Comprising of a bath with electric shower over, a pedestal wash basin, WC, radiator, airing cupboard and opaque window to the front.
External There is a low maintenance garden to the front along with a driveway for off street parking and a lawned garden to the rear.
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 50, Red Courts, Durham
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