2-bedroom terraced house · DL14 0JZ
For saleListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market for sale is this two bedroomed mid-terrace cottage situated on Etherley Grange.
The property is pleasantly positioned within a quiet and sought after village on the outskirts of Bishop Auckland and features stunning countryside views.
Bishop Auckland town centre is only approx 2 miles away and provides easy access to a range of amenities such as schools, supermarkets, healthcare services, popular high street retail stores and restaurants.
The A68 and A688 are nearby and lead to the A1 (M) both North and South, great for commuters.
There is also an extensive public transport system in the area which allows for access to not only the surrounding towns and villages but to further afield places such as Darlington and Durham.
In brief, the property comprises; an entrance porch leading into the open-plan living room and kitchen to the ground floor while the first floor consists of the two spacious bedrooms and family bathroom.
Externally, there is a well maintained lawned garden with gravelled seating area to the front where on street parking is also available.
To the rear, there is a low maintenance enclosed yard and picturesque views over the rural fields.
Living Room - 4.25 x 3.16 (13'11" x 10'4") - The spacious living room is located to the front of the property offering lots of space for furniture and benefiting from an inset log burner with feature stone surround and large window to the front elevation allowing lots of natural light.
Kitchen - 4.25 x 3.16 (13'11" x 10'4") - Open-plan access from the living room leads into the kitchen which is fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splashbacks and sink/drainer along with an integrated electric oven, hob and overhead extractor hood.
Plenty of space remains available for further free standing appliances along with a dining table and chairs. Patio door leads into the rear yard.
Master Bedroom - 4.4 x 3.38 (14'5" x 11'1") - Generously sized master bedroom offering plenty of space for a king-sized bed and further furniture, benefiting from fitted wardrobes and large window to the front.
Bedroom Two - 3.19 x 1.76 (10'5" x 5'9") - The second bedroom is another well-proportioned space with ample room for furniture, neutral decor and window to the rear elevation.
Bathroom - 2.25 x 1.47 (7'4" x 4'9") - Family bathroom fitted with a panelled bath with overhead shower, WC and wash hand basin.
External - Externally, there is a well maintained lawned garden with gravelled seating area to the front where on street parking is also available.
To the rear, there is a low maintenance enclosed yard and picturesque views over the rural fields.
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 Etherley Grange, Bishop Auckland
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