3-bedroom house · DL14 8HL
Listing removedReduced £15 (−2.6%) on 21 JunListed 246 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroomed mid terrace property offered to the market to let. Situated on Leeholme Road, the property is only approx.
3 miles from Bishop Auckland's town centre, which provides access to a vast array of amenities such as supermarkets, restaurants, popular high street stores and also both primary and secondary schools.
For commuters the A689 is nearby which leads to the A1 (M) both North and South.
There is also an extensive public transport system in the area, allowing for access to not only the neighbouring towns and villages but to further afield places such as Darlington, Durham and Newcastle.
In brief, the property comprises; an entrance hall leading into the living room, dining room, kitchen and utility room to the ground floor.
The first floor consists of the three spacious bedrooms and family bathroom.
Externally, there is a walled forecourt along with on street parking available to the front, while to the rear there is a low maintenance enclosed yard.
Living Room Spacious living room located tp the front of the property offering ample room for furniture and benefiting from feature fire surround, neutral decor and large bay window providing ample natural light.
Dining Room A second large reception room with lots of room for a dining table and chairs with neutral decor and window to the rear.
Kitchen The kitchen is fitted with a range of wall, base and drawer units, complementing work surfaces and sink/drainer, along with integrated oven, hob and overhead extractor hood.
Space is available for further free standing appliances Utility Room Utility room located to the rear of the property providing additional storage space.
Master Bedroom Generously sized master bedroom with space for a king-sized bed and further furniture, with neutral decor and fitted wardrobes.
Bedroom Two Second large double bedroom with fitted wardrobes and neutral decor. Bedroom Three Single bedroom with neutral decor and window to the front.
Bathroom Family bathroom fitted with a panelled bath with overhead shower, WC and wash hand basin.
External Externally, there is a walled forecourt along with on street parking available to the front, while to the rear there is a low maintenance enclosed yard.
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 47, Leeholme Road, Bishop Auckland
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