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See how verdicts work3-bedroom flat · DH3 1EB
SoldReduced £500 (−1.3%) on 26 OctListed 266 daysAuction 12 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Auction Commencing on Monday 23rd February at 1pm and ending 24 hours later on Tuesday 24th February at 1pm with Auction House North East Please register to bid via our website - auctionhouse.co.uk/northeast THREE BED FLAT IN BIRTLEY!
OPEN HOUSE VIEWING DATES: (no booking required) 11:00am - 11.30am, Thursday 12th February 2026 3:00pm - 3.30pm, Wednesday 18th February 2026 Available at auction is this 3 bed flat situated in the heart of Birtley, offering excellent refurbishment potential and ideal for investors or buyers seeking a project.
The accommodation comprises three bedrooms, a bathroom, a kitchen, and a living room. The property is in need of modernisation throughout, providing a fantastic opportunity to add value.
On street parking is available. Ideally positioned within walking distance of local amenities, shops, and superb transport links.
Tenure: See Legal Pack EPC Rating: C Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 71 Queen Street, Birtley, Chester le Street, County Durham DH3 1EB
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