2-bedroom terraced house · DL14 8SY
To rentReduced £20 (−4%) on 22 OctListed 56 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now – a two-bedroom mid-terrace house on Oxford Street in Eldon Lane, Bishop Auckland, DL14 8SY.
Extending to approximately 66 sq m (710 sq ft), the accommodation comprises a reception room, kitchen, two bedrooms and a family bathroom. The property holds an EPC rating of D.
Eldon Lane is a settled residential village a short drive from Bishop Auckland town centre, where you’ll find supermarkets, high street shops, cafes and health services.
Local primary and secondary schools are close by, and neighbouring Shildon – home to the Locomotion museum – is minutes away.
The A688 gives quick access to Spennymoor, Durham and the A1(M), while Bishop Auckland railway station connects to Darlington and the wider Tees Valley line.
Offered at £525 per calendar month on a fully managed basis, with a deposit of £605.76 (equivalent to five weeks’ rent).
Pets considered on a case-by-case basis, subject to landlord approval, pet references and a suitable pet clause in the tenancy agreement. Viewings strictly by appointment through Lightning Estates.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 10, Oxford Street, Eldon Lane, BISHOP AUCKLAND
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