2-bedroom house · DL14 8TN
Sold STCListed 28 days
Opportunity summary
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About
Investment Opportunity | Two-Bedroom Freehold Terrace | Buy-to-Let Potential Century Three is pleased to present this two-bedroom freehold terraced property in Eldon Lane, Bishop Auckland, offering an attractive opportunity for investors seeking a low-entry buy-to-let investment with strong potential rental returns.
The property is available at £48,995, providing an accessible entry point into the North East rental market.
The estimated current open market value is stated at approximately £50,000–£60,000 making this a bmv, with further potential for value uplift depending on the property's condition and any improvement works undertaken.
Rental potential is estimated at approximately £475–£525 per calendar month.
At £500 pcm, this would provide annual gross rental income of £6,000, while the upper estimate of £525 pcm would provide £6,300 per annum.
The property offers investors the opportunity to acquire a traditional two-bedroom rental property with a relatively low capital requirement, freehold tenure and the potential to achieve a double-digit gross rental yield, subject to the final purchase structure and achievable market rent.
Key Features: Two-bedroom terraced property | Freehold | £48,995 purchase price | Estimated market value £50,000–£60,000 | Estimated rent £475–£525 pcm | Low capital entry point | Potential double-digit gross yield | Scope for value uplift | Buy-to-let investment opportunity
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 Edward Street, Eldon Lane
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