2-bedroom house · DL13 4NH
For saleReduced £5k (−4%) on 13 AugListed 171 days
Opportunity summary
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About
Two bedroomed, stone built property located on Elm Park Terrace on the outskirts of Tow Law.
A semi rural town on the edge of Weardale, with easy access to a range of other local amenities, including local shops, restaurants, pubs and two local primary schools.
It is also only approximately 9 miles from the nearby larger market towns Bishop Auckland and Consett which both provides further facilities such as, supermarkets, healthcare services and recreational facilities.
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 hall leading through into the living room, kitchen/diner and utility room to the ground floor.
Whilst the first floor contains the master bedroom with walk in wardrobe and second double bedroom. Externally the property has on street parking available to the front.
To the rear there is a enclosed yard with gated access to the rear where there is further gravelled area and two sheds providing additional storage and potential to extend the yard.
Living Room (4.9m x 3.4m (16'0" x 11'1")) Bright spacious living room located to the front of the property, benefiting from modern decor, ample space for furniture, multi fuel stove and window to the front elevation.
Kitchen (4.9m x 3.5m (16'0" x 11'5")) The kitchen is fitted with a range of wall, base and drawer units, contrasting work surfaces, tiled splash backs and sink/drainer unit.
Space is available for free standing appliances along with a table and chairs. Window to the rear elevation.
Utility Room (2.4m x 1.54m (7'10" x 5'0")) The utility room provides additional storage space along with room for a washing machine and dryer.
Master Bedroom (4.9m x 4.46m (16'0" x 14'7")) The master bedroom is a generous double room with space for a king sized bed, walk in wardrobe and window to the front elevation.
Bedroom Two (4.87m x 2.54m (15'11" x 8'3")) The second bedroom is a further double room with fitted storage cupboard and window to the rear elevation.
Bathroom (1.85m x 1.74m (6'0" x 5'8")) The bathroom is fitted with a panelled bath with overhead shower, WC and wash hand basin.
External Externally the property has on street parking available to the front.
To the rear there is a enclosed yard with gated access to the rear where there is further gravelled area and two sheds providing additional storage and potential to extend the yard.
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
Agent & docs
FAQ
About 6, Elm Park Terrace, Durham
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