2-bedroom house · DH1 1EW
Listing removedListed 81 days
Opportunity summary
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About
Available with no onward chain, early viewing is essential to take advantage of the opportunity to purchase this two bedroom semi detached house in a highly sought-after location within Gilesgate, occupying a corner plot with the rarely available addition of a garage.
Requiring some modernisation the property would be perfect for both investors and first time buyers.
The spacious living accommodation comprises to the ground floor of an entrance porch, hallway, large open plan living and dining room with feature fireplace and patio doors to the rear garden and fitted kitchen.
To the first floor is a large master bedroom with walk-in cupboard, second double bedroom and bathroom/WC..
Externally the corner plot provides opportunities to extend, a driveway for off street parking and enclosed rear garden.
The property is located within walking distance to Durham City and close to a wide range of local amenities within Gilesgate.
Ground Floor Entrance Porch Entered UPVC door with UPVC double glazed side windows and an internal door to the hall.
Hall With stairs leading to the first floor, UPVC double glazed window to the side, storage cupboard and radiator.
Open Plan Living And Dining Room (6.53 x 3.98 (21'5" x 13'0")) Spacious open plan reception room with a UPVC double glazed window to the front, patio doors opening to the rear garden, feature fireplace housing an electric fire and two radiators.
Kitchen (3.43 x 2.93 (11'3" x 9'7")) Fitted with a comprehensive range of units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, a built in oven and gas hob with extractor over, plumbing for a washing machine and fridge/freezer space.
Further features include a UPVC double glazed window to the rear, tiled splashbacks, radiator and external door to the rear garden.
First Floor Landing With a UPVC double glazed window to the side, storage cupboard and access to the loft.
Bedroom One (4.37 x 2.84 (14'4" x 9'3")) Generous double bedroom having a UPVC double glazed window to the front, a radiator and storage cupboard.
Also having a walk in cupboard with UPVC double glazed window.
Bedroom Two (3.45 x 2.87 (11'3" x 9'4")) Further double bedroom with a UPVC double glazed window to the rear, radiator and cupboard which houses the recently updated combi gas central heating boiler.
Bathroom/Wc (2.47 x 2.32 (8'1" x 7'7")) Comprising of a panelled bath, shower cubicle, wash basin set to a vanity unit, WC, radiator and two UPVC double glazed opaque windows to the side.
External There is a wall enclosed garden to the front of the property with double gates providing access for off street parking, whilst to the rear is an enclosed, low maintenance garden.
Garage Having stable style double doors and further doors to both the front and rear gardens.
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 33A, Wakenshaw Road, Gilesgate
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