4-bedroom detached house · DL15 8QE
For saleReduced £25k (−7.8%) on 3 OctListed 735 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Impressive four bedroomed detached family home, boasting large private gardens, driveway and garage/workshop.
Offered for sale with no onward chain, situated just a short distance from the town centre providing access to the local amenities including supermarkets, high street stores, retail shops, cafes, restaurants as well as primary schools and healthcare services.
Further amenities are available in neighbouring towns Willington and Bishop Auckland, including secondary schools.
There is a regular bus service allowing for frequent access to surrounding towns and villages, Durham, Newcastle and Darlington.
In brief the property comprises; a large entrance hallway leading into the three main reception rooms, conservatory and kitchen/diner.
The first floor contains the master bedroom, three further bedrooms and family bathroom. The loft has been boarded providing additional storage space. Externally the property has extensive well.
Maintained gardens, approx. 0.5 acres in size, along with patio area ideal for outdoor furniture, garage and large drive providing ample off street parking.
The property also has a heated greenhouse with power, potting shed, outside toilet, coal house, stick house and a outside water supply.
Living Room (4.3m x 4.27m (14'1" x 14'0")) The living room is located to the front of the property, with ample space for furniture, gas fire with feature surround and bay window to the front elevation.
Dining Room (4.3m x 4.25m (14'1" x 13'11")) The second reception room is another good size, with open fire, ample space for furniture and large bay window to the front elevation.
Family Room (4.57m x 4.26m (14'11" x 13'11")) A further living room with gas fire, feature surround and window to the rear elevation.
Kitchen (4.3m x 3.24m (14'1" x 10'7")) The kitchen is fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splash backs and sink/drainer unit.
Space is available for free standing appliances along with a table and chairs.
Master Bedroom (4.28m x 4.16m (14'0" x 13'7")) The master bedroom is located to the front of the property, providing space for a king sized bed, built in wardrobes and window to the front elevation.
Bedroom Two (4.3m x 4.28m (14'1" x 14'0")) The second bedroom is a further large double bedroom with window to the rear elevation.
Bedroom Three (4.6m x 4.3m (15'1" x 14'1")) The third bedroom is a double bedroom with window to the rear elevation.
Bedroom Four (2.85m x 1.85m (9'4" x 6'0")) The fourth bedroom is a single bedroom with window to the front elevation.
Bathroom (4.17m x 3.18m (13'8" x 10'5")) The bathroom contains a panelled bath, WC and wash hand basin. External Externally the property has extensive well. Maintained gardens, approx.
0.5 acres in size, along with patio area ideal for outdoor furniture, garage and large drive providing ample off street parking.
The property also has a heated greenhouse with power, potting shed, outside toilet, coal house, stick house and a outside water supply.
Note An overage clause will be included on the land for any future development.
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 2, New Road, Crook
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