3-bedroom semi-detached house · DL7 8NN
Listing removedListed 175 days
Opportunity summary
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About
The exterior of the property enjoys a concrete sectioned 3-bedroom semi-detached house with clay tile roof and enjoys solar panels.
Situated within an ideal location close to Northallerton high street, train station and local amenities. Internally property enjoys UVPC double glazing throughout and night storage heaters.
Whilst currently without PRC certification they offer an exceptional opportunity for buyers who can proceed without a standard mortgage to acquire a substantial property at a reasonable price.
Following a PRC certified renovation, they could be brought up to the required standard making them eligible for future standard mortgage finance and significant value uplift.
Entrance - Entering up a step and through a UVPC double glazed door with etched glass panels into entrance hall enjoying stairs to first floor, ceiling light point, wall mounted night storage heater, phone point, useful under stairs storage area.
Sitting Room - Ceiling light point, wall mounted night storage heater.
Living Room - Chimney breast with feature tiled fireplace, mantle shelf and hearth with former open fire, shelf chimney breast alcoves, ceiling light point, night storage heater, TV point.
Kitchen - Range of white base and wall cupboards, worksurfaces with inset single drain single bowl stainless steel sink unit, space and plumbing for washing machine, space for electric cooker, former shelved storage cupboard suitable for fridge freezer, pantry with shelving, ceiling light point, rear door leading to a rear utility area and door out to side.
W/C - Downstairs low-level toilet, corner mounted washbasin and ceiling light point. Landing - Window looking over garden allowing for a high degree of light, ceiling light point, attic access.
Bedroom 1 - Ceiling light point, chimney breast with former fireplace with night storage heater on, built in chimney breast alcove wardrobe with shelving and rails.
Bedroom 2 - Ceiling light point, night storage heater, built in airing cupboard housing cylinder and emersion heater with shelving above.
Bedroom 3 - Ceiling light point, night storage heater, built in over stairs cupboard utilised as wardrobe with hanging rail and shelf.
Bathroom - Comprising enamel bath, shower panelled to 2 sides with a Mira thermostatically controlled electric shower, wall mounted wash basin with adjacent toilet, wall mounted night storage heater, wall mounted electric heater, ceiling light point, wall mounted mirror fronted bathroom cabinet.
Garden - To the front of the property there is a lawned garden with central rockery and shrubs, driveway being part flagged and concrete leading down the side, side access door to the property.
Gated access into the rear garden enjoying an extensive lawned area running down to a hedge, post and panel fencing to sides with shrubbery providing for a high degree of privacy, space and base for shed and an additional shed, concrete building.
VIEWING - BY APPOINTMENT THROUGH THE AGENCY - Tel. No. TENURE – FREEHOLD SERVICES - MAINS WATER, ELECTRIC & DRAINAGE NYCC TAX BAND - A EPC - C
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 8 Neile Close, Northallerton
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