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See how verdicts work2-bedroom house · DL14 6BW
Listing removedReduced £5k (−6.7%) on 25 AugListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroomed, terraced property located on Frances Terrace in Bishop Auckland. Ideal for investors or first time buyers alike, offered for sale with no onward chain.
It is situated close to the town centre, offering easy access to a range of amenities including schools, supermarkets, local shops and cafes.
There is an extensive public transport system in the area allowing for connections to not only nearby towns and villages but further afield places such as Darlington, Durham and Newcastle.
The train station has regular links to Newton Aycliffe, Darlington and Middlesbrough.
Nearby, Tindale's ever expanding retail park offering a range of popular retail stores, high street shops, food outlets, cafes as well as the new shopping complex.
In brief the property comprises; an entrance hall leading into the living room, dining room and kitchen to the ground floor.
Whilst the first floor contains the master bedroom, second bedroom and family bathroom.
Externally the property has a small courtyard to the front along with on street parking, whilst to the rear there is an enclosed yard with gated access into the back lane.
Living Room (5.0m x 4.20m (16'4" x 13'9")) The living room is a great size, situated to the front of the property benefiting from neutral decor, electric fire with feature surround and bow window to the front elevation.
Dining Room (4.6m x 2.4m (15'1" x 7'10")) The second reception room is another good size, with space for a table and chairs, further furniture and access leads through into the kitchen.
Kitchen (2.47m x 2.18m (8'1" x 7'1")) The kitchen is fitted with a range of wood effect wall, drawer and base units, contrasting work surfaces, tiled splash backs and sink/drainer unit.
Benefiting from an integrated oven, hob and overhead extractor hood along with space for further free standing appliances.
Master Bedroom (4.59m x 3.6m (15'0" x 11'9")) The master bedroom is a large double bedroom with window to the front elevation.
Bedroom Two (3.0m x 2.1m (9'10" x 6'10")) The second bedroom is another good size bedroom with window to the rear elevation.
Bathroom (2.1m x 1.88m (6'10" x 6'2")) The bathroom is fitted with a panelled bath with overhead shower, WC and wash hand basin.
External Externally the property has a small courtyard to the front along with on street parking, whilst to the rear there is an enclosed yard with gated access into the back lane.
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 4, Frances Terrace, Bishop Auckland
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