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See how verdicts work2-bedroom house · DL14 8RW
Listing removedListed 178 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly refurbished two bedroomed, mid terrace property with attic room located on Gurney Valley, Close House.
The property benefits from a number of improvements made by the current vendors including; a new heating system, rewire with data cables to each room, insulated internal walls, new kitchen and new bathroom.
The property is located just a short distance from the local primary school, convenience store, café and doctors surgery, whilst further amenities are available in Bishop Auckland which locates secondary schools, supermarkets, retail stores and independent stores.
The A689 is close by leading to the A1(M) ideal for commuters. In brief the property comprises; the kitchen/diner, living room and sun room to the ground floor.
The first floor contains two spacious bedrooms, family bathroom and stairs leading up to the attic room.
Externally the property has a yard to the front allowing off street parking, along with a garage and large garden.
Kitchen (5.17m x 4.17m (16'11" x 13'8")) Th kitchen is fitted with a new range of wall, base and drawer units, complementing work surfaces, upstands and sink/drainer unit.
Fitted with an integrated oven, hob and overhead extractor hood along with space for further free standing appliances and a table and chairs.
Living Room (4.3m x 4.0m (14'1" x 13'1")) The living room is a great size, benefiting from neutral decor. Feature media wall and open plan leading through into the sun room.
Sun Room (4.14m x 2.84m (13'6" x 9'3")) The sun room is a great addition to the property, providing a further seating area to the rear with French doors opening into the garden and two skylights providing lots of natural light.
Master Bedroom (4.14m x 2.84m (13'6" x 9'3")) The master bedroom is a generous double bedroom, with space for a king sized bed, further furniture and window to the front elevation.
Bedroom Two (4.0m x 3.23m (13'1" x 10'7")) The second bedroom is a further spacious double bedroom with window to the rear elevation.
Bathroom (3.0m x 1.82m (9'10" x 5'11")) The bathroom contains a panelled bath with overhead shower, heated towel rail, WC and wash hand basin.
Attic Room (4.72m x 4.19m (15'5" x 13'8")) The attic room is accessed via stairs on the landing.
Ideal for use as a home office or play room as its been fitted with a radiator, power and data points and two skylights to the rear elevation.
External Externally the property has a yard to the front allowing off street parking, along with a garage and large garden.
Value & comps
No previous sales on record.
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 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
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FAQ
About 66, Gurney Valley, Bishop Auckland
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