2-bedroom terraced house · DL14 0EP
Listing removedListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned within the well-established village of Witton Park, this two-bedroom mid-terraced home presents an excellent opportunity for investors, first-time buyers or those seeking a project, offered to the market with no onward chain via the Modern Method of Auction.
The accommodation briefly comprises an entrance lobby, comfortable living room, separate dining room, fitted kitchen and a ground floor wet room.
To the first floor are two well-proportioned double bedrooms, offering generous accommodation throughout. Externally, the property benefits from an enclosed rear yard.
Warmed by gas central heating and featuring uPVC double glazing, this property offers fantastic potential and is expected to appeal to a wide range of purchasers.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Disclaimer No additional Material Information disclosures have been made by the vendor.
The information provided has been compiled in good faith using resources readily available online and through enquiries made with the vendor prior to marketing the property.
However, details may change after the information has been compiled and published, and Ryan James Estate Agents Ltd cannot accept liability for any changes made after compilation or for any inadvertent errors or omissions.
Ryan James Estate Agents Ltd are not legally qualified professionals, and conveyancing documentation can often be complex.
As such, we must exercise judgement when determining which details constitute “Material Information” that should be disclosed.
If any information provided, or any other matter relating to the property, is of particular importance to you, we strongly recommend that you seek independent verification from a qualified legal advisor before committing to any expenditure.
Image Enhancement Disclaimer Some images within this listing may have been digitally enhanced using AI technology for presentation purposes.
These enhancements are intended to illustrate the property’s potential and may not reflect its exact current condition.
Buyers are advised to rely on physical viewings to fully appreciate the property.
Identity Verification Requirements HMRC supervises the legal obligation for all estate agents to carry out identity checks on their customers under Anti-Money Laundering regulations.
This includes buyers once their offer has been accepted. Identity checks must be completed for each purchaser who will become a legal owner of the property.
A £30 administration fee (including VAT) is payable per individual purchaser to cover the cost of these checks.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 The Baltic, Witton Park, Bishop Auckland, Durham, DL14
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