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See how verdicts work3-bedroom terraced house · DL13 4AZ
For saleListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to purchase this converted Wesleyan chapel which dates back to 1846.
This three bedroomed family home is set over threes storeys and offers a blend of historical charm and modern living.
The property retains many original features, which add character and a sense of history, whilst benefiting from being thoughtfully renovated throughout.
Situated on Dans Castle in Tow Law the property has access to a range of amenities within the town, including local shops, traditional pubs, nature reserve and two local primary schools.
It is also only approx. 8.7miles from the market town Bishop Auckland and approx. 9 miles from Consett.
This provides further facilities such as, supermarkets, healthcare services and recreational facilities.
There is also an extensive public transport system which allows for access to not only the neighbouring towns and village but to further afield places such as Darlington, Durham, Newcastle and York.
Ideal for commuters this property is located on the A68, which leads to the A1 (M) both North and South.
In brief the property comprises; an entrance porch which leads through to the living room, spacious kitchen/diner and cloakroom to the ground floor.
The first floor contains two large double bedrooms and the main family bathroom. Stairs ascend to the master bedroom on the second floor with its own dressing room and ensuite.
Externally the property has a small walled courtyard to the front, whilst to the rear there is a low maintenance garden with patio and decking ideal for outdoor furniture, pergola and raised flower beds.
Double gates open to the rear lane providing off street parking.
Living Room (5.16m x 4.9m (16'11" x 16'0")) Bright and spacious living room providing ample space for furniture, benefiting from modern decor, feature cast iron fire surround and two large windows to the front elevation allowing lots of natural light.
Kitchen/Diner (7.32m x 3.96m (24'0" x 12'11")) The open plan kitchen/diner is an impressive size.
Fitted with a range of modern wall, base and drawer units, complementing work surfaces, tiled splash backs and Belfast sink with boiling water tap.
Appliances include a range cooker, dishwasher, microwave and bin. There is ample space for a dining table and chairs and window to the rear elevation.
Utility Room (4.11m x 3.9m (13'5" x 12'9")) The utility room is a great additional space, providing additional storage with further fitted unit along with space and plumbing for a washing machine and tumble dryer.
Cloakroom (2.33m x 1.4m (7'7" x 4'7")) The cloakroom contains a WC, wash hand basin and heated towel rail.
Bedroom Two (4.52m x 4.26m (14'9" x 13'11")) The second bedroom is a large double bedroom, providing space for a king sized bed, further furniture and is fitted with a built in wardrobe.
Window to the rear elevation.
Bedroom Three (5.21m x 3.28m (17'1" x 10'9")) The third bedroom is currently utilised as a cinema room, however is a further large double bedroom with window to the front elevation.
Bathroom (4.2m x 2.82m (13'9" x 9'3")) Modern family bathroom containing a bath, double walk in shower cubicle, WC, wash hand basin set in a vanity unit and heated towel rail.
Window to the rear elevation.
Master Bedroom (7.46m x 5.94m (24'5" x 19'5")) The master bedroom is located on the second floor, it is an impressive size with a vaulted ceiling with original beams, neutral decor and access leading into the dressing room and ensuite.
Dressing Room (4.35m x 2.7m (14'3" x 8'10")) The dressing room provides additional storage with built in units and window to the rear elevation.
Ensuite (2.94m x 2.65m (9'7" x 8'8")) The ensuite is fitted with a roll top bath with overhead mains fed shower, WC, double vanity unit with dual sinks and heated towel rail.
Window to the rear elevation.
External Externally the property has a small walled courtyard to the front, whilst to the rear there is a low maintenance garden with patio and decking ideal for outdoor furniture, pergola and raised flower beds.
Double gates open to the rear lane providing off street parking.
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.
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FAQ
About 123A, Dans Castle, Bishop Auckland
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