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See how verdicts work3-bedroom semi-detached house · DL14 8HR
Sold STCListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroomed semi-detached family home situated on Addison Road, Leeholme. Ideal for investors, the property is offered to the market with tenants in situ and is only approx.
3 miles from Bishop Auckland's town centre, which provides access to a vast array of amenities such as supermarkets, restaurants, popular high street stores and also both primary and secondary schools.
For commuters the A689 is nearby which leads to the A1 (M) both North and South.
There is also an extensive public transport system in the area, allowing for access to not only the neighbouring towns and villages but to further afield places such as Darlington, Durham and Newcastle.
In brief, the property comprises; an entrance hall leading into the living room, kitchen and conservatory to the ground floor.
The first floor consists of the master bedroom, two further bedrooms and family bathroom.
Externally, there is a gravelled yard to the front while to the rear, there is an enclosed lawned garden with patio and decking space ideal for outdoor seating and furniture.
Living Room (4.9 x 3.14 (16'0" x 10'3")) Spacious living room spanning the length of the property with lots of space for furniture, neutral decor and window to the front elevation.
Kitchen (4.9 x 3.57 (16'0" x 11'8")) The kitchen is fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splashbacks and sink/drainer unit along with a free standing cooker with overhead extractor hood.
Space is available for further free standing appliances and furniture.
Conservatory (3.7 x 2.7 (12'1" x 8'10")) The conservatory is a great addition to the property offering an additional reception space with French doors leading into the rear garden.
Master Bedroom (2.9 x 2.66 (9'6" x 8'8")) Generously sized master bedroom with lots of space for furniture and window to the front elevation.
Bedroom Two (3.2 x 2.3 (10'5" x 7'6")) The second bedroom is another good size with lots of space for furniture and window to the front elevation.
Bedroom Three (2.44 x 2.32 (8'0" x 7'7")) Bedroom three is a spacious single with window to the rear elevation.
Bathroom (2.18 x 1.87 (7'1" x 6'1")) Family bathroom fitted with a panelled bath with overhead shower, WC and wash hand basin.
External Externally, there is a gravelled yard to the front while to the rear, there is an enclosed lawned garden with patio and decking space ideal for outdoor seating and furniture.
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 17, Addison Road, Bishop Auckland
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