4-bedroom terraced house · DL14 6BQ
Listing removedListed 226 days
Opportunity summary
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About
A great opportunity to purchase this four bedroomed, terraced town house located on Percy Street in Bishop Auckland.
With some cosmetic updating, this property would make a perfect buy-to-let home, ideal for investors. A central location, within walking distance of the town centre as well as being approx.
1.1miles from the ever expanding Tindale retail park, which boasts a large array of restaurants, popular high street retail stores, supermarkets and also restaurants.
This property has great travel connections via bus or train, being on the bus route and also only 0.5miles from the train station, this allows regular access to further afield places, such as; Darlington, Durham, Newcastle or York.
In brief the property comprises; an entrance hall leading through into the living room, kitchen/diner and cloakroom to the ground floor.
The first floor contains three bedrooms and family bathroom, with stairs leading up the the second floor, master bedroom and ensuite.
Externally the property has a enclosed yard with double gates which can be utilised for off street parking and additional on street parking is available to the front.
Living Room - 5.4m x 3.3m (17'8" x 10'9" ) - Spacious living room located to the front of the property, with ample space for furniture and bay window to the front elevation providing plenty of natural light.
Kitchen - 4.4m x 3.6m (14'5" x 11'9" ) - The kitchen contains a range of wall, base and drawer units, complimenting work surfaces, tiled splash backs and sink/drainer unit.
Space is available for free standing kitchen appliances and a kitchen table and chairs. Cloakroom - 2.7m x 0.9m (8'10" x 2'11" ) - The cloakroom contains WC and wash hand basin.
Bedroom Two - 3.37m x 2.4m (11'0" x 7'10" ) - The second bedroom provides space for a double bed. further furniture and window to the front elevation.
Bedroom Three - 3.5m x 2.7m (11'5" x 8'10" ) - The third bedroom is a double bedroom with window to the rear elevation.
Bedroom Four - 3.9m x 1.5m (12'9" x 4'11" ) - The fourth bedroom is a single bedroom with window to the rear elevation. Bathroom - The bathroom contains a panelled bath, WC and wash hand basin.
Master Bedroom - 6.6m 5.25m (21'7" 17'2" ) - The master bedroom provides space for a king sized bed, further furniture built in cupboards and window to the front elevation.
Ensuite - 2.8m x 1.6m (9'2" x 5'2" ) - The ensuite contains a single shower cubicle, WC and wash hand basin.
External - External there is a rear enclosed yard with double gates providing access for off street parking. To the front further on street parking is available.
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
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FAQ
About Percy Street, Bishop Auckland
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