3-bedroom terraced house · DL14 7RE
For saleListed 570 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stone built, mid terraced house currently let with tenants in situ paying £600 Per calendar month. The property was refurbished in 2020 and is now offered to the market for sale.
The accommodation comprises of an entrance hallway with the stairs rising to the first floor. The living space has been opened up with patio doors at the rear leading into the yard.
The kitchen is well presented in white gloss units with worktops and some integrated appliances. On the first floor there is a well-appointed bathroom and three bedrooms.
Lindsay street is located just off Etherley lane and so has all that Bishop Auckland has to offer just on its door step.
Etherley Lane school is just around the corner, whilst the market place can be reached by a few minutes’ walk.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – A Tenure – Freehold PART B Property Type – Mid terrace Property Construction – Stone traditional method Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains Sewerage – Mains Heating - Mains fired Gas boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking: On street PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm Restrictions - (18.09.2017) A Conveyance dated 8 August 1865 made between (1) George Canney and (2) Robert Thubron contains covenants but neither the original deed nor a certified copy or examined abstract thereof was produced on first registration.
Rights & Easements- None Flood risk – NA Coastal Erosion - NA Protected Trees – NA Conservation area – YES Planning Permission – NO Accessibility – The property has not been altered for accessibility Mining Area – Historical mining area Selective License Area – No No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks
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 Lindsay Street, Bishop Auckland, County Durham, DL14
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