Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom house · DL14 0TQ
Sold STCListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-Presented 2-Bedroom Semi-Detached Home | Garage & Driveway | Popular Village Location | Toft Hill, Bishop Auckland, DL14 National Residential are delighted to offer this attractive two-bedroom semi-detached home, peacefully positioned within the sought-after village of Toft Hill.
Offering well-maintained accommodation, a private rear garden, garage, and driveway, this property is ideally suited to first-time buyers, young families, downsizers, or investors seeking a home in a desirable County Durham village.
Key Features • Freehold • Council tax band: B • Well-presented 2-bedroom semi-detached home • Spacious lounge with patio doors to the rear garden • Modern fitted kitchen • Two well-proportioned bedrooms • Family bathroom • Private enclosed rear garden with decked seating area • Front lawned garden • Driveway providing off-road parking • Detached garage with power and lighting • Gas central heating • uPVC double glazing throughout • Quiet cul-de-sac position Property Overview This well-maintained home offers a practical layout with bright, comfortable living accommodation throughout.
The ground floor comprises a welcoming entrance hallway leading to a modern fitted kitchen featuring a range of wall and base units, integrated oven, gas hob, extractor hood, and space for additional appliances.
To the rear of the property is a spacious lounge, flooded with natural light thanks to the patio doors opening directly onto the rear garden, creating an excellent space for both everyday living and entertaining.
Upstairs, the property offers two well-proportioned bedrooms, with the principal bedroom benefiting from fitted wardrobes for additional storage.
Completing the first floor is a family bathroom fitted with a white suite incorporating a bath with mains-fed shower over.
Externally, the property enjoys an attractive open-plan front garden together with a private driveway leading to a detached garage, complete with power, lighting, and pedestrian access to the rear garden.
The enclosed rear garden is mainly laid to lawn with established flower borders and a decked patio seating area, providing an ideal space for outdoor dining, entertaining, or simply relaxing during the warmer months.
The property further benefits from gas central heating and uPVC double glazing throughout.
Location – Toft Hill, Bishop Auckland Chestnut Court occupies a pleasant position within the popular village of Toft Hill, a well-established residential community surrounded by beautiful County Durham countryside.
The village offers a welcoming community atmosphere with local amenities including convenience shopping, pubs, recreational facilities, and nearby primary schooling.
For a wider range of amenities, the historic market town of Bishop Auckland is approximately five miles away, offering supermarkets, high street retailers, cafés, restaurants, healthcare facilities, leisure centres, and both primary and secondary schools.
The popular Tindale Crescent Retail Park is just a short drive away, providing major supermarkets, national retailers, restaurants, and family leisure facilities.
For those who enjoy the outdoors, the surrounding countryside offers an abundance of scenic walking and cycling routes, while the nearby Witton Castle Country Park provides additional opportunities to enjoy nature and outdoor recreation.
Excellent road links via the A68 and A688 provide convenient access to Bishop Auckland, Durham, Darlington, and the wider North East, making the property an excellent choice for commuters.
Why This Property?
Combining a sought-after village setting with generous living accommodation, a private garden, garage, and driveway, this is a fantastic opportunity to purchase a move-in-ready home in a desirable location.
Whether you're taking your first step onto the property ladder, downsizing, or investing, this home offers an excellent balance of comfort, practicality, and long-term appeal.
Please watch our video tour for a closer look at the property. Viewings are highly recommended.
For further information and to arrange a viewing, please don't hesitate to contact our dedicated specialist sales advisor.
Your future home or investment opportunity awaits – schedule your viewing today! This property is only available for purchasers who are not in a chain. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage so an online Anti-Money Laundering Check can be completed.
We would ask for your co-operation in order that there will be no delay in agreeing the sale. 2: These particulars do not constitute part or all of an offer or contract.
While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3: Any measurements indicated are supplied for guidance only and as such must be considered incorrect. 4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: National Residential has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyer's interests to check the working condition of any appliances.
*By making an enquiry on this property you acknowledge that this property is strictly offers in excess of the marketing price provided.
The market appraisal of this property has indicated a value in excess of our marketing price.
As a consequence, and similar to any other vendor, the vendor is aiming to achieve as much as possible in excess of this marketing price provided.
This property is for sale by the Modern Method of Auction which is not to be confused with traditional auction.
Although the vendor may be willing to remove from the auction early for a suitable offer. The Modern Method of Auction is a flexible buyer friendly method of purchase.
We do not require the purchaser to exchange contracts immediately but grant 56 days to exchange and complete.
This additional time to exchange on the property means interested parties can proceed with traditional residential finance.
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a deposit of 2% (minimum of £5,000) or a Buyers fee (amount or % will be stated in main advert., which secures the transaction and takes the property off the market.
Please note this property is subject to an undisclosed reserve price which is generally no more than 10% in excess of the Starting Bid, both the Starting Bid and reserve price can be subject to change.
Terms and conditions apply to the Modern Method of Auction and can be viewed in full on our website.
Value & comps
No previous sales on record.
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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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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About 49, Chestnut Court, Toft Hill
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