4-bedroom detached house · DH8 6QS
Sold STCListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
RARE - Set on a private, secluded cul-de-sac within a generous plot with open valley views to the rear this versatile home offers spacious living accommodation across two floors.
Enjoying an L shaped lounge dining room with feature fireplace and French doors to the rear garden the property also benefits from two ground floor bedrooms, fitted kitchen plus utility room and a combination boiler which has recently been replaced.
The largest of the two ground floor bedrooms has an en-suite shower room plus walk in wardrobe. To the first floor there are a further three bedrooms and an additional bathroom.
Externally there is a gravel driveway to the front providing parking for numerous vehicles and both sides leads around to the landscaped gardens and patio area.
EPC Rating C Council Tax Band E Fines Road runs through Medomsley village, which has a local shop, two popular gastropubs and a primary school.
There are road links to Consett town centre, which has a good range of shopping and recreational facilities, approximately 2.5 miles away, and further to Newcastle and Durham (both approximately 14 miles away), making Medomsley an excellent location for commuters.
Agent notes: Mains Electricity, water and sewerage. Superfast fibre broadband is available to the postcode Mobile phone coverage is available by major networks.
Official flood risk - Rivers & seas - very low, surface water - very low.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Fines Road, Medomsley, County Durham, DH8
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