Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom terraced house · TS28 5DQ
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming two-bedroom terraced house offering spacious living accommodation and perfect for Investors who are looking for a high rental yield, currently at 14.62%.
To be sold with long term Tenant in Situ. Ideally suited for investors seeking affordable property in a convenient location. Early viewing highly recommended to avoid disappointment.
Contact us today to arrange a viewing. This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Reception Room 3.66m x 4.06m Electric Fire, Radiator, UPVC Window. Dining Room UPVC Window, Radiator.
Kitchen 3.11m x 2.2m Gas Hob, Extractor Fan, Oven, UPVC Window, Sink with Mixer Tap.
Bathroom 1.83m x 2.21m Corner Bath, Wall mounted Shower, Washbasin, Toilet, Radiator, Extractor Fan, UPVC Window. Bedroom 1 4.22m x 3.72m Radiator, UPVC Window.
Bedroom 2 4.35m x 2.73m Radiator x 2, UPVC Window. Material Information SERVICES: We are advised by the seller that the property has mains provided gas, electricity, water and drainage.
MAINTENANCE / SERVICE CHARGE: NO WATER METER: TBC PARKING ARRANGEMENTS: On-Street BROADBAND SPEED: The maximum speed for broadband in this area is shown by inputting the postcode at the following at the following link here CAR CHARGER: No MOBILE PHONE SIGNAL: No known issues.
The information above has been provided by the seller and has not yet been verified at this point of producing this material.
There may be more information related to the sale of this property that can be made available to any potential buyer.
Disclaimer 1/ Holbrook Estate Agents has not tested any services, appliances or heating and no warranty is given or implied as to their condition.
2/ All measurements are approximate and intended as a guide only. All our measurements are carried out using a regularly calibrated laser tape but may be subject to a margin of error.
3/ We believe the property is freehold but we always recommend verifying this with your solicitor should you decide to purchase the property.
4/ Fixtures and fittings other than those included in the above details are to be agreed with the seller through separate negotiation.
5/ All EPC`s are generated by a third party and Halbrook Ltd accepts no liability for their accuracy.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Lake View, Station Town, Wingate, County Durham, TS28
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