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See how verdicts work2-bedroom terraced house · DL13 5HA
For saleReduced £5k (−6.3%) on 24 OctListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroomed, cottage offered for sale with no onward chain. The property is located on Prospect Terrace in Cockfield.
Cockfield is a quiet village, with easy access to a range of local amenities including a convenience store, pub, food outlet, local shops and primary school.
There is a regular public bus service the area, allowing for access to nearby towns and villages such as Bishop Auckland (approx. 8 miles) and Barnard Castle (approx.
9 miles) which have a further array of facilities including healthcare services, supermarkets, primary and secondary schools, popular high street stores, leisure facilities, restaurants and more.
The A68 is close by, ideal for commuters. In brief the property comprises; the living room, dining room, kitchen and bathroom to the ground floor. The first contains the two spacious double bedrooms.
Externally the property has on street parking available to the front, along with a gated yard. To the rear there is a small walled courtyard with countryside views.
Living Room (4.16m x 3.07m (13'7" x 10'0")) Spacious living room located to the rear of the property with ample space for furniture and French doors to the rear lead out to rear.
Dining Room (3.16m x 3.14m (10'4" x 10'3")) The dining room provides space for a table and chairs, further furniture and access leads through to the kitchen.
Kitchen (3.1m 2.34m (10'2" 7'8")) The kitchen is fitted with a range of wood wall, base and drawer units, complementing work surfaces, tiled splash backs and sink/drainer unit.
Pace is available for free standing appliances. Bathroom (2.36m x 1.7m (7'8" x 5'6")) The bathroom contains a panelled bath, WC and wash hand basin.
Master Bedroom (4.16m x 3.07m (13'7" x 10'0")) The master bedroom is a large double room with space for a king sized bed, further furniture and window to the rear elevation.
Bedroom Two (3.16m x 3.14m (10'4" x 10'3")) The second bedroom is a further spacious double bedroom with fitted storage cupboard. Window to the front elevation.
External Externally the property has on street parking available to the front, along with a gated yard. To the rear there is a small walled courtyard with countryside views.
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 5, Prospect Terrace, Bishop Auckland
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