3-bedroom terraced house · DH6 5BA
Sold STCListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale via Livestream Auction Commencing from 11am on Wednesday 8th April with Auction House North East.
Please register to bid via our website - auctionhouse.co.uk/northeast THREE BED TERRACE IN POPULAR RENTAL AREA!
OPEN HOUSE DATES: (no booking required) 10:00am - 10:30am, Monday 23rd March 2026 3:00pm - 3.30pm, Thursday 2nd April 2026 A three bedroom terraced property offered for sale by auction, presenting an excellent opportunity for investors or buyers looking to refurbish and add value.
Previously used as a rental property, it offers strong potential for future rental income.
The ground floor features a hallway leading to the lounge, with the dining room centrally located between the lounge and the kitchen.
The first floor contains three bedrooms, including a master bedroom, a bathroom and a landing connecting all rooms.
Located on Steavenson Street in the village of Bowburn, on the outskirts of Durham City, the property benefits from easy access to local shops, schools, and transport links, making it an ideal project for those seeking a rewarding renovation or investment opportunity.
Tenure: See Legal Pack EPC Rating: D Administration Fee: £3600 inc VAT payable on exchange of contracts.
Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
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 28 Steavenson Street, Bowburn, Durham DH6 5BA
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