3-bedroom terraced house · DL15 0DW
Sold STCListed 196 daysAuction 29 Apr · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Online Auction - 29th of April 2026.
Vacant Three-Bedroom Terraced Home in Willington A Fantastic Refurbishment Opportunity with Strong Value-Add Potential Description Located in the heart of Willington, this three-bedroom terraced home is offered with vacant possession, presenting an excellent opportunity for buyers seeking a property with clear scope for improvement.
Extending to approximately 71 sqm, the accommodation comprises a lounge, kitchen, three well-proportioned bedrooms and a family bathroom.
The layout is well suited to families and tenants alike, offering strong long-term appeal once modernised.
The property requires refurbishment throughout, making it ideal for those looking to add value through improvement works.
Contractor quotes and a detailed refurbishment specification are available on request, and a refurbishment team can be introduced if required.
Lettings and full management services are also available, allowing for a seamless transition from works to occupation.
Situated within easy reach of the town centre, local amenities and transport links, the property occupies a convenient residential position within this well-established County Durham community.
Viewing is highly recommended to fully appreciate the potential on offer. Auctioneers Disclaimer This property is being sold via Unconditional Auction.
Upon the fall of the gavel, the successful bidder will enter into a legally binding contract and will be required to pay a non-refundable reservation fee in addition to the purchase price.
Completion will typically take place within 28 days. All interested parties are strongly advised to review the legal pack and carry out their own due diligence prior to bidding.
This property is offered for sale by Unconditional Auction. On exchange of contracts, the buyer is legally committed to complete within 28 days (unless stated otherwise in the Special Conditions).
All information has been provided by the vendor or third parties and is believed to be correct, however buyers must carry out their own due diligence and review the full Legal Pack prior to bidding.
Guide prices are provided as an indication only and may be subject to change.
A Buyer's Premium, administration fee and other associated costs may apply please refer to the Legal Pack for full details.
Tenure Freehold Legal Pack A legal pack is a collaboration of important documents of the property or land that is going to be sold at auction.
To review the legal pack, click the Legal Documents button at the bottom of this advert or visit tcpa.co.uk.
Auction Information To view the auction information, click the Online Bidding button at the bottom of this advert or visit tcpa.co.uk.
UNCONDITIONAL LOT Buyers Premium Applies Upon the fall of the hammer, the Purchaser shall pay a 5% deposit and a 5%+VAT (subject to a minimum of £5,000+VAT) buyers premium and contracts are exchanged.
The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot.
The auction conditions require a full legal completion 28 days following the auction (unless otherwise stated).
Pre Auction Offers Are Considered The seller of this property may consider a pre-auction offer prior to the auction date.
All auction conditions will remain the same for pre-auction offers which include but are not limited to, the special auction conditions which can be viewed within the legal pack, the Buyer's Premium, and the deposit.
To make a pre-auction offer we will require two forms of ID, proof of your ability to purchase the property and complete our auction registration processes online.
To find out more information or to make a pre-auction offer please contact us.
Any additional costs will be listed in the Special Conditions within the legal pack and these costs will be payable on completion.
The legal pack is available to download free of charge under the LEGAL DOCUMENTS'.
Any stamp duty and/or government taxes are not included within the Special Conditions within the legal pack and all potential buyers must make their own investigations.
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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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 advisors 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.
Area
Agent & docs
FAQ
About 9 Mill Street, Willington, Crook, County Durham, DL15 0DW
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