2-bedroom terraced house · DL3 6EZ
For saleListed 22 days
Opportunity summary
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About
** TWO BEDROOM MID TERRACE HOUSE **. ** POPULAR DENE LOCATION ** ** TWO RECEPTION ROOMS **. ** FITTED KITCHEN **. ** IN NEED OF IMPROVEMENT **. ** EXCELLENT POTENTIAL **. ** IDEAL BUY TO LET **.
** NO ONWARD CHAIN ** A larger than average two bedroom mid terrace house located on Craig Street in a popular residential area close to The Dene and local amenities including shops, a primary school and bus services.
The property requires improvement and redecoration but offers excellent potential. Suitable for a first time buyer or ideal for a landlord/ investor looking for a buy to let property.
With the benefit of gas central heating and double glazing the accommodation briefly comprises: Entrance Vestibule, Lounge with bay window, Dining Room, fitted Kitchen, Landing, two Bedrooms and Bathroom/ wc with a white suite.
Externally there is an enclosed yard to the rear with large timber shed. No onward chain.
Ground Floor - Entrance Vestibule - Lounge - 4.27m’0.61m x 3.96m’0.61m (14’2 x 13’2) - Dining Room - 3.96m’0.61m x 2.13m’1.22m (13’2 x 7’4) - Kitchen - 2.44m’3.05m x 1.52m’3.05m (8’10 x 5’10) - First Floor - Landing - Bedroom 1 - 3.96m’0.61m x 3.66m’0.61m (13’2 x 12’2) - Bedroom 2 - 3.05m’0.61m x 2.13m’1.22m (10’2 x 7’4) - Bathroom/ Wc - 2.44m’3.05m x 1.52m’3.05m (8’10 x 5’10) -
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Craig Street, Darlington
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