2-bedroom semi-detached house · DH6 1HQ
Sold STCListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare Opportunity ** Large Property Over Three Floors ** Semi Rural Setting ** Rear Garden ** Driveway Parking for 2 Cars ** Good Further & Buy-to-Let Potential ** Flexible & Versatile Floor Plan ** Possible Separate Annex ** Upvc Double Glazing & GCH Via Combination Boiler ** Village Amenities & Good Road Links ** Early Viewing Advised ** The floor plan briefly comprises: Lower Ground Floor, with reception area, spacious additional reception space with French doors to the rear garden and is currently divided into two spaces and used as additional bedrooms.
There is also a shower room/WC. Ground Floor (street level), with hall, lounge, kitchen, utility area, rear lobby with spiral staircase down to the lower ground level.
The first floor has two double bedrooms, large bathroom/WC. One of the bedrooms has pull down ladder access to the boarded loft space, ideal for storage.
Outside the property has front garden with hard standing which offers off street parking for two vehicles. The rear garden is enclosed with patio area and access to the lower ground level.
Local Avenue is situated in the semi rural village of Sherburn Hill, which is located approximately 5 miles from Durham City centre, where there are comprehensive shopping, recreational facilities and amenities available.
Local shops and amenities are in nearby Sherburn Village. It is also well placed for commuting purposes, being within easy reach of the A690, A19 and the A1(M).
Lower Ground Floor - Reception Room - 5.05m x 1.63m (16'7 x 5'4) - Reception Room - 5.05m x 2.57m (16'7 x 8'5) - Shower Room - Ground Floor - Entrance Hall - Lounge - 4.45m x 4.01m (14'7 x 13'2) - Kitchen - 3.73m x 2.29m (12'3 x 7'6) - Utility Room - 2.92m x 2.41m (9'7 x 7'11) - First Floor - Bedroom - 4.39m x 3.18m (14'5 x 10'5) - Bedroom - 3.45m x 3.15m (11'4 x 10'4) - Bathroom - Agents Notes - Council Tax: Durham County Council, Band A - Approx.
£1701 p.a Tenure: Freehold Property Construction – Standard Gas Supply - Mains Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Building Safety – We are not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm.
Restrictions – covenants which affect the property are within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Probate – NA Rights & Easements – None known Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – Extended Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
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
Agent & docs
FAQ
About Local Avenue, Sherburn Hill, Durham
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