2-bedroom house · DL14 8NA
To rentReduced £50 (−9.1%) on 6 OctListed 209 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroomed mid-terrace property offered to the market to let.
Situated on East Avenue, Coundon, the property is pleasantly positioned in the village and is just a short walk from local shops, convenience stores, and primary schools.
There is a regular bus service through the village providing easy access to nearby towns and amenities. The A689 is close by, making it a convenient base for commuters.
In brief, the property comprises, an entrance hall leading to the living room, dining room and kitchen to the ground floor.
Stairs ascend to the first floor which consists of the two double bedrooms and family bathroom.
Externally, on street parking is available to the front while to the rear there is an enclosed yard with gated access into the back lane.
Living Room Bright and spacious living room located to the front of the property with ample room for furniture and window to the front elevation.
Dining Room Another spacious reception room with space for a dining table and chairs and large window to the rear elevation.
Kitchen Modern kitchen fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splash back and sink/drainer along with an integrated oven, hob and overhead extractor hood.
Space is available for further free standing appliances.
Master Bedroom Generously sized master bedroom with space for a king-sized bed and further furniture, benefiting from fitted wardrobes, neutral decor and window to the front elevation.
Bedroom Two A second large double bedroom with fitted wardrobes, neutral decor and window to the rear elevation.
Bathroom The family bathroom is fitted with a panelled bath with overhead shower, WC and wash hand basin set within a vanity unit.
External Externally, on street parking is available to the front while to the rear there is an enclosed yard with gated access into the back lane.
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 2, East Avenue, Bishop Auckland
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