2-bedroom house · DL15 0ER
Listing removedReduced £5k (−6.7%) on 9 JulListed 205 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Park Street, on the edge of Willington towards Oakenshaw, this well-presented terraced home has been recently refurbished and is offered to the market in good condition throughout.
Available chain free, it provides an excellent opportunity for first-time buyers, downsizers, or investors.
Inside, the property features a comfortable lounge with an attractive fireplace, creating a cosy focal point.
The newly fitted kitchen/dining room offers a practical and modern space for everyday living and entertaining.
Upstairs, there are two generous double bedrooms, complemented by a well-appointed bathroom. The property falls within Council Tax Band A, helping to keep running costs low.
Willington offers a convenient range of amenities including local shops, small supermarkets, cafés and everyday services.
Green spaces and riverside walks along the River Wear are easily accessible, with popular walking routes extending into the surrounding countryside-ideal for those who enjoy spending time outdoors.
Families are well served by local schools, with Willington Primary School and Parkside Academy both within easy walking distance of Park Street.
Transport links are strong, with regular bus services connecting Willington to Durham and Bishop Auckland.
Bishop Auckland train station is only a short drive away and provides rail connections to Darlington, Durham and Newcastle, with journey times to Durham of around 20 minutes.
With its modern updates, convenient location and easy access to countryside, amenities and transport, this smart terraced home represents an attractive and affordable option for buyers looking to settle in a quiet yet well‐connected residential area.
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 23, Park Street, Crook
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