2-bedroom semi-detached house · DL14 9FH
Sold STCListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Completed in 2022 by Gleeson homes and still under its 10 year Warranty, this semi-detached property would make an ideal first time purchase.
It is well presented inside and out, featuring a pleasant, family friendly garden, with a garage and off street parking.
The accommodation comprises of an entrance vestibule with the stairs rising to first floor.
The living room is located at the front of the house and the kitchen is at the rear with a cloakroom/wc situated under the stairs.
The kitchen itself features a selection of units, for storage presented in green/teal with wooden worktops and some integrated appliances - a gas hob with electric oven below and extraction above.
there are spaces for free standing appliances. On the first floor there are two double bedrooms and the house bathroom/wc.
Porter gardens is well located as it is very close to the retail park at Tindale where a wide selection of shops and amenities can be found.
Bishop Auckland town centre is also a short distance away where more amenities can be found such as the General Hospital, secondary schools and transport links such as the bus station and the railway station.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – B Tenure – Freehold PART B Property Type – Semi Detached Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains metered Sewerage – Mains Heating - mains gas fired boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking: Garage and Drive PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm Restrictions - Restrictive covenants are noted on the title documents Rights & Easements- Rights are noted on the title documents Article 4 Planning Restricted area – the property is subject to Article 4 Direction Flood risk – very low Coastal Erosion - NA Protected Trees – No Conservation area – no Planning Permission – no Accessibility – The property has not been altered for accessibility Mining Area – Yes Selective License Area – No No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
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
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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
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