2-bedroom flat · DH1 5XJ
Listing removedListed 216 days
Opportunity summary
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About
*** STUNNING PRESENTATION THROUGHOUT, STYLISH BATHROOM, MODERN FITTED KITCHEN, FRONT GARDEN, IDEAL FOR A RANGE OF BUYERS, POPULAR LOCATION, VIEWINGS HIGHLY RECOMMENDED *** This two bedroom ground floor flat is located in Hamsterley Crescent in Newton Hall, Durham.
The property is well presented throughout and will appeal to a wide range of purchasers. There is an extended lease with 134 years remaining with no ground rent payable.
The property comprises: an entrance hall, spacious living room, modern fitted kitchen, two bedrooms and a stylish bathroom. Externally there is a low maintenance garden to the front.
Viewings are highly recommended. Entrance Hall With two built in cupboards, an under stairs storage cupboard, carpet flooring and a radiator.
Living Room 4.424m x 3.206m Spacious living room including carpet flooring, a radiator and a patio door leading to the front garden.
Kitchen 2.667m x 2.327m Stunning kitchen including fitted wall and base units with a contrasting work surface, sink/drainer with a mixer tap, integrated electric oven, electric hob with extractor fan above, plumbing for a washing machine, plumbing for a dishwasher, laminate flooring and a double glazed window to the rear.
Master Bedroom 3.89m x 3.042m Master bedroom including carpet flooring, a radiator and a double glazed window to the front.
Bedroom Two 2.574m x 2.029m Bedroom with carpet flooring, a radiator and a double glazed window to the rear.
Bathroom 2.052m x 1.593m Stylish bathroom including a bath with a mains shower above, low level WC, pedestal wash hand basin, tiled flooring, tiled walls, a chrome towel heater, an extractor fan and a double glazed window to the rear.
Front Garden To the front of the property is a low maintenance garden. Leasehold Details The property is leasehold. The lease runs from 10th June 2016 until 31st August 2160.
There are 134 years remaining on the lease. The seller has confirmed there is no ground rent payable. Agent Notes 1. The property is in council tax band A. 2.
Utilities - Mains water, sewerage, electricity and gas. 3. Ultrafast broadband available to this property (checker.ofcom.org.uk) 4.
Flood Risk - Rivers and Sea - very low, Surface Water - very low (gov.uk) Disclaimer The preceding details have been sourced from the seller and the websites listed above.
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.
Newfield Estates cannot accept liability for any information provided.
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
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FAQ
About Hamsterley Crescent, Newton Hall, Durham, DH1
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