3-bedroom terraced house · DL14 8LG
Listing removedListed 576 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroomed, mid terraced property located on Collingwood Street in Coundon.
Pleasantly situated on the outskirts of the village, the property has great scenery in a more secluded area ideal for those seeking tranquillity.
With valid gas and electric safety certificates in place, this would make a great property for any investor.
It is close to a range of local amenities within the village including convenience stores and primary schools.
Further facilities are available in the nearby Bishop Auckland Town Centre as well as Tindale's retail park, which boasts a large array of popular retail stores, restaurants and supermarkets and secondary schools, .
The A688 and the A689 are both close by providing links to Darlington, Durham and Newcastle.
In brief the property comprises; an entrance hall leading through into the living room, dining room, kitchen, utility room and bathroom to the ground floor.
The first floor contains the master bedroom, and two further bedrooms.
Externally the property has on street parking available to the front, along with an enclosed yard to the rear with gated access into the back lane.
Living Room (3.79m x 3.74m (12'5" x 12'3")) Bright and spacious living room located to the front of the property, with neutral decor, feature fire surround, ample space for furniture and bay window to the front elevation.
Kitchen (3.74m x 3.33m (12'3" x 10'11")) The kitchen contains a range of wall, base and drawer units, complementing work surfaces, tiled splash backs and sink/drainer unit.
Fitted with an integrated electric oven and gas hob, space is available for free standing appliances.
Utility Room (2.6m x 1.9m (8'6" x 6'2")) The utility room provides additional storage space and room for free standing appliances.
Bathroom (2.1m x 1.9m (6'10" x 6'2")) The bathroom contains a panelled bath, overhead shower, WC and wash hand basin.
Master Bedroom (3.8m x 3.38m (12'5" x 11'1")) The master bedroom provides space for a king sized bed, further furniture and window to the front elevation.
Bedroom Two (3.7m x 3.3m (12'1" x 10'9")) The second bedroom is a double bedroom with window to the rear elevation.
Bedroom Three (2.8m x 1.97m (9'2" x 6'5")) The third bedroom is a single room with window to the front elevation.
External Externally the property has on street parking available to the front, along with an enclosed yard to the rear with gated access into the back lane.
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 3, Collingwood Street, Bishop Auckland
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