1-bedroom flat · DL14 8LG
Listing removedListed 134 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern, one bedroomed flat situated on Collingwood Street in Coundon.
The property benefits from recent renovations throughout and is close to a range of local amenities within the village including convenience stores and primary schools.
Further facilities are available in the nearby Bishop Auckland Town Centre as well as Tindale's retail park, which boasts a large array of popular retail stores, restaurants and supermarkets and secondary schools, .
The A688 and the A689 are both close by providing links to Darlington, Durham and Newcastle. In brief the property comprises; a large living room, kitchen.
Bedroom with dressing room/office and shower room. Externally on street parking is available.
Living Room Bright and spacious living room located to the front of the property, benefiting from new carpets, neutral decor and large window allowing lots of natural light.
Kitchen The kitchen is fitted with a range of new wall, base and drawer units, complementing work surfaces, splash backs and sink/drainer unit. Space is available for further free standing appliances.
Bedroom The bedroom is a generous double bedroom, again with new carpets and freshly decorated throughout. Access leads through into the dressing room/office.
Shower Room The shower room contains a single shower cubicle, WC and wash hand basin.
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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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
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FAQ
About 9, Collingwood Street, Bishop Auckland
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