2-bedroom terraced house · DL14 6HH
Under offerListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rea Estates offer to the sales market this deceptively spacious 2 Bedroom Mid Terrace property situated within walking distance of Bishop Auckland Town Centre, which is home to the spectacular open air night show Kynren – An Epic Tale of England.
Bishop Auckland Railway Station, local schools, shops and recreational facilities are also within easy reach. There are also excellent transport links to neighbouring towns and villages.
The current vendor installed an Air Source Heat Pump System (which is more efficient than conventional heating technologies like boilers or electric heaters as they transfer heat rather than generate it, which can also be cheaper to run) Benefitting from uPVC Double Glazing, the internal layout briefly comprises, Entrance Hallway with staircase rising to the first floor, a well-proportioned Lounge and open plan Kitchen Diner.
To the first floor there are Two Double Bedrooms and a Family Bathroom. Externally the property has an enclosed forecourt garden and to the rear, a low maintenance paved garden with gated access.
In our opinion this property, which is offered for sale with no onward chain, should prove of interest to a variety of purchasers and therefore an early viewing is highly recommended.
Entrance Hallway uPVC glazed entrance door opening to hallway, with cornice to ceiling, staircase rising to the first floor, under stair storage cupboard and laminate flooring (which continues throughout the ground floor) Lounge: 18'0 x 10'0 (5.49m x 3.05m) Spacious lounge with cornice to ceiling and bay window to the front elevation, allowing lots of natural light to flood through.
Kitchen: 15'11 x 10'0 (4.85m x 3.05m) Fitted with an extensive range of base, drawer and wall units, complimentary work surfaces with inset sink unit and tiled splash backs.
Integrated electric oven, hob and extractor canopy, space and plumbing for automatic washing machine. Cornice to ceiling, two windows and external glazed door opening to the rear garden.
Dining Area: 8'3 x 7'2 (2.51m x 2.18m) The dining area provides ample space for a family size table and chairs.
First Floor Landing Doors to: Bedroom One: 15'10 x 9'08 (4.83m x 2.95m) A spacious double bedroom providing ample space for a range of free-standing bedroom furniture.
Cornice to ceiling, laminate flooring and double glazed window to the rear.
Bedroom Two: 13'0 x 10'03 (3.96m x 3.12m) Double bedroom with double glazed window to the front elevation, cornice to ceiling, laminate flooring and fitted wardrobe with shelving and hanging rail.
Family Bathroom: 9'06 x 5'09 (2.90m x 1.75m) Fully tiled bathroom fitted with a white suite comprising, panelled bath, low level w/c, pedestal wash hand basin and shower enclosure with electric unit.
Obscure double glazed window and loft access hatch. Externally To the front of the house there is an enclosed forecourt garden with flower border and gated access.
To the rear, an enclosed garden which is paved for ease of maintenance.
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
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FAQ
About Oaklea Terrace, Durham, DL14
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