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See how verdicts work2-bedroom bungalow · DL2 3EL
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Newly introduced to the market is this two-bedroom detached bungalow, located in the highly sought-after village of Gainford.
Offered with no onward chain, the property benefits from generous living accommodation, including a spacious lounge, separate dining room, conservatory, large kitchen, utility room and family bathroom.
There are two well-proportioned double bedrooms, with an additional office space off the second bedroom which could easily be converted into an en-suite.
This property also boasts a sizeable, boarded loft that runs the length of the property. Further features include a workshop, a driveway and garage providing off-street parking for multiple vehicles.
There is also a large, enclosed garden to the rear and side of the property.
Laid to lawn and accompanied by raised flowerbeds, this garden is surrounded by established hedges that provide privacy all year round.
Nestled in a picturesque village, this location combines the tranquillity of rural life with everyday convenience.
Beautiful countryside walks, cycling routes, and bridleways begin right outside your door, while welcoming pubs, independent shops, and essential amenities are just a short walk away.
With excellent links to major commuter routes and rail services, it offers the perfect balance of relaxed living and easy connectivity.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – D Tenure – Freehold PART B Property Type – Detached Bungalow Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply – Mains (not metered) Sewerage – Mains Heating – Oil Fueled, and Open Fire Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Off street PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – N/A Probate- The property is a probate sale and probate has been obtained Rights & Easements- None Flood risk – Rivers and seas: Very Low.
Surface water: Very Low. Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – Lateral living Mining Area – N/A No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Balmer Hill, Gainford, Darlington, DL2
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