3-bedroom semi-detached house · DH6 1DX
Listing removedListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Moovd are thrilled to offer For Sale via Option B- Conditional Online Auction, this deceptively spacious three-bedroom semi-detached, on the outskirts of Sherburn Village, only a few miles from Durham City.
The well planned ground floor briefly comprises entrance vestibule with staircase to first floor, a large dual aspect lounge, dining room and fitted kitchen with a rear porch leading into rear garden.
To first floor is a central landing leading to three good sized bedrooms, separate WC and bathroom. Externally is a front garden, rear enclosed garden garage and off-street parking.
Park House Gardens lies on the outskirts of Sherburn village which boasts local village facilities including Co-op and doctors, yet larger amenities can be found a short distance away at Dragonville, including Tescos and B&Q.
Close to the nearby A1 and A19, Sherburn is the perfect location for a nearby commute to Newcastle, Sunderland and further afield.
Attractively priced, the property is a perfect home for either a young couple or the targeted family market.
A full internal viewing is considered essential to truly appreciate all this stunning home has to offer. EPC rating TBC. For more information, please contact Moovd directly.
Vestibule - Lounge - 5.19m x 3.26m (17'0" x 10'8") - Dining Room - 3.44m x 2.86m (11'3" x 9'4") - Kitchen - 4.45m x 2.72m (14'7" x 8'11") - Rear Porch - Landing - Bedroom 1 - 3.48m x 3.37m (11'5" x 11'0") - Bedroom 2 - 3.51m x 2.72m (11'6" x 8'11") - Bedroom 3 - 3.00m x 2.57m (9'10" x 8'5") - Bathroom - Wc - Externally - Garage - Moovd may work in partnership with marketing agents on our Online Auction Lots and act as 'The Auctioneer', throughout the sale process.
Online Conditional Auction – Option B: The above property is been offered for sale by Online Conditional Auction – Option B (Modern Method Of Auction).
With this method of sale, both seller and buyer are required to complete the transaction, within the timeframe stated in the Exclusivity Agreement and General Terms & Conditions.
This time period allows the buyer, to organise finance if required.
It is Moovd’s policy that all buyers are without fail AML checked at point of offer via signing our Bidder Registration Form and that all buyers provide us with required proof of funds.
The buyer is then required to make a NON- REFUNDABLE Administration Fee payment amounting of £3,000.00 Inc VAT (£2,500 + VAT) (This fee IS PAID in addition to the purchase price and will be chargeable and calculated towards stamp duty).
A deposit payment amounting to 5% of the purchase price (or a minimum of £5,000) is also required from the successful buyer. The seller may charge additional fees payable upon completion.
If applicable, such fees are detailed within the Special Conditions of Sale. Buyers are deemed to bid in full knowledge of this.
Guide Price: Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time during the timed Auction.
Prospective purchasers should also be aware that the eventual Sale Price may be above or below the Guide Price and should therefore not presume the Guide to be indicative of the final expected Sale Price or the price the property is available at.
Reserve Price: The property is offered subject to a Reserve Price (a figure below which we Moovd the Auctioneer cannot sell the property during the timed Online Auction).
The Reserve Price will be set somewhere within the Guide Range or no more than 10% above a single figure Guide Price. N.B. The Reserve Price may be either below or above the quoted Guide Price.
Anti Money Laundering Regulations It is Moovd’s policy that ALL BUYERS ARE WITHOUT FAIL AML CHECKED at point of offer via signing our Bidder Registration Form.
All buyers will be asked to produce two forms of identification documentation, either as part of the Bidder Registration process or if they make an acceptable Pre-Auction offer, we would ask for your assistance in order for there to be no delay in agreeing the sale.
In addition, we may also ask for proof of funding, where required.
Legal Pack: Each property has a valid Legal Pack, which is a set of documentation prepared by the seller's solicitor relating to the property being offered for sale.
The legal documentation enables all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments.
We recommend you seek the counsel of a solicitor prior to proceeding with any property purchase. The Legal Pack is available to download via the property details on our website.
Moovd take no responsibility in the accuracy of the documents contained within the Legal Pack.
Particulars: Moovd have taken reasonable care to prepare particulars that correctly describe each property. The particulars are based on information supplied by or on behalf of the seller.
You need to check that the information in the particulars is correct.
If we provide information, or a copy of a document, we do so only on the basis that we are not responsible for the accuracy of that information or document.
The particulars and the sale conditions may change prior to the timed Online Auction and it is your responsibility to check that you have the correct versions.
If the special conditions do not contain a description of the property, you take the risk that the description contained in the particulars is incomplete or inaccurate, as the particulars have not been prepared by a conveyancer and are not intended to form part of a legal contract.
Viewings: Most of our properties are available to be viewed, strictly by appointment only.
Bidding: Pre-Auction bids may be placed via our website: In order to submit a bid upon any property being marketed by us, all bidders/buyers will be required to adhere to a verification and identity process in accordance with our Anti Money Laundering procedures.
Please be aware that any inquiry, bid or viewing of the property will require your details to be shared between both the marketing agent and the Auctioneer in order that all matters can be dealt with effectively.
We would ask for your co-operation so there will be no delay in agreeing the sale.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
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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 Park House Gardens, Sherburn Village, Durham
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