2-bedroom house · DL14 6JD
No longer listedReduced £25 (−4.3%) on 26 SepListed 75 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedrooms mid terraced property located on Seymour Street in Bishop Auckland.
Situated a short distance from the town providing access to a variety of local amenities including supermarkets, schools, restaurants, cafes, local shops and retail stores.
There's an extensive public transport system in the town via both bus and rail, providing easy access to neighbouring towns and villages. The A688 and A689 are both close by for commuters.
Further facilities are available in the nearby ever expanding Tindale retail park offering a range of popular high street stores, retail shops, food outlets and the new cinema/bowling and shopping complex opening in summer 2024.
In brief the property comprises an entrance hall leading into the living room, dining room and kitchen to the ground floor. The first floor contains two double bedrooms and bathroom.
Externally the property has a enclosed yard to the rear with gated access into the rear lane, on street parking is available to the front.
Living Room (3.48m x 3.86m (11'5" x 12'7")) The living room is located to the front of the property, with ample space for furniture, feature fire surround and bay window to the front elevation.
Dining Room (3.51m x 4.26m (11'6" x 13'11")) The second reception room is another good size with space for a a dining table and chairs, further furniture and window to the rear elevation.
Kitchen (1.9m x 4.37m (6'2" x 14'4")) The kitchen is fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splash backs and sink/drainer unit.
Space is available for free standing appliances and window to the side elevation.
Master Bedroom (3.87m x 4.62m (12'8" x 15'1")) The master bedroom provides space for a king sized bed, further furniture and window to the front elevation.
Bedroom Two (3.8m x 2.54m) The second bedroom is another double bedroom with window to the rear elevation.
Bathroom (1.9m x 2.98m (6'2" x 9'9")) The bathroom contains a panelled bath, WC and wash hand basin.
External Externally the property has a enclosed yard to the rear with gated access into the rear lane, on street parking is available to the front.
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
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FAQ
About 40, Seymour Street, Bishop Auckland
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