2-bedroom terraced house · DL14 9RN
For saleListed 455 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity!
Two-bedroom end terrace property enjoying conservatory to the rear and available to purchase with tenant in situ paying an annual rent of £5,700 therefore providing an immediate return on investment following completion.
The property boasts contemporary fitted kitchen with integrated cooking appliances and eye catching bathroom suite whilst also benefiting from replacement roof being installed in August 2023 and Damp Course in March 2025.
The property is conveniently situated within the popular village of Evenwood, only a short commute to neighbouring Bishop Auckland where a wide range of amenities, retail options, restaurants and recreational facilities can be catered.
Internal viewing is highly advisable to fully appreciate accommodation comprising of: Lounge, contemporary Kitchen and Conservatory to the Ground Floor.
To the First Floor are Two Bedrooms with fitted furniture and Family Bathroom. Externally the property provides an enclosed yard to the rear.
Lounge With double glazed entry door and double glazed window - both to the front elevation, convector style heating radiator and stairs to first floor accommodation.
Decorated with colour washed wall coverings and carpet floor covering.
Kitchen / dining room With double glazed window to the rear elevation, double glazed door leading to conservatory, fitted with a contemporary range of wall and floor mounted units with contrasting laminate working surfaces incorporating stainless steel drainer sink unit with mixer tap, integrated electric oven and hob with stainless steel canopy style extractor, plumbing for automatic washing machine and under stairs storage cupboard.
Decorated with part tiled and colour washed walls and cushioned floor covering.
Conservatory With double glazed entry door to the side elevation and range of double glazed windows to the rear and side elevations. Decorated with colour washed walls and tiled floor covering.
First floor Landing With double glazed window to the rear elevation, convector style heating radiator and Baxi central heating boiler. Decorated with colour washed walls and carpet floor covering.
Bedroom one With double glazed window to the front elevation, convector style heating radiator and two fitted wardrobes. Decorated with colour washed walls and carpet floor covering.
Bedroom two With double glazed window to the rear elevation, convector style heating radiator and range of fitted furniture. Decorated with colour washed wall coverings and carpet floor covering.
Bathroom With frosted double glazed window to the front elevation, fitted with a suite comprising of panelled bath with shower screen and shower head mixer tap, push button wc and was hand basin and convector style heating radiator.
Decorated with panelled walls and cushioned floor covering. External To the rear is a yard with gated access. EPC rating D council tax band A tenure freehold
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 44, Swan Street, Evenwood
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