3-bedroom semi-detached house · DL14 0HG
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This semi-detached house is available with the added bonus of no onward chain. Whilst internally it would benefit from some modernisation, once done, it would provide a fine home.
The property has double glazing, a great block paved driveway, a pleasant garden and a pleasant location on this ever popular estate.
The accommodation comprises of an entrance porch which opens into a hallway with stairs rising to the first floor.
The living room is located at the front and the majority of the front wall is taken up with windows, flooding the room with natural light.
The kitchen/dining room is open and features a selection of units with some appliances as well as double doors that open directly into the garden.
Next up is a generous utility room where the plumbing for the washing machine can be found along with the wall mounted boiler. The integral garage completes the layout on the ground floor.
On the first floor there are three bedrooms - two doubles and a single - and the house shower room/wc.
Externally, there are well maintained gardens - to the front the driveway takes up most of the space and provides off street parking for two cars. There are also some mature shrubs and plants.
To the rear there is a patio area for entertaining, a lawned section for children and pets to play on, along with a section of plants and bushes.
If the garden was cleared of said shrubs, it would offer more space. Bankwell Drive is located in High Etherley which is a pleasant village surrounded by countryside offering a selection of walks.
It is however close to Bishop Auckland, West Auckland and Tindale where the retail park can be found, making this a perfect property to raise a family and so we would recommend a viewing to appreciate the potential that is on offer here.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – C Tenure – Freehold - Currently un registered however deeds have been sighted to confirm this PART B Property Type – Semi Detached Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains Sewerage – Mains Heating - Mains gas fired boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking: Drive and garage PART C Building Safety – The Vendor is 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 are noted on the title Rights & Easements- rights and easements are noted on the file Article 4 Planning Restricted area – the property is subject to Article 4 Direction Flood risk – Very Low Coastal Erosion - NA Protected Trees – no Conservation area – no Planning Permission – no Accessibility – The property has not been altered for accessibility Mining Area – yes Selective License Area – no No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £35 (inc VAT) administration fee per individual purchaser, for these checks
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
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FAQ
About Bankwell Drive, High Etherley, Bishop Auckland, DL14
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