2-bedroom house · DL14 9QF
Listing removedListed 91 days
Opportunity summary
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About
Two bed terraced property, located on The Centre in Evenwood. The property is located overlooking the main green and benefits from a front garden and is offered for sale with no onward chain.
The village provides a range of local amenities including; a primary school, village shop, cafés and doctors surgery.
The nearby town Bishop Auckland is only approximately 4 miles away which provides a vast range of supermarkets, secondary schools, popular retails stores, restaurants and recreational facilities.
Great links are available to commuters, the A688 leads to the A1 (M) both North and South as well as offering access to Barnard Castle and other nearby towns.
The historical city Durham is located only approx. 15 miles away, providing a larger selection of restaurants and shops as well as having the popular indoor and outdoor markets.
The area is perfect for dog lovers, walkers and cyclists with Hamsterley Forest being 15 minutes drive, Teesdale and Weardale is 30 minutes away.
The cladding was done in 2021 with the value around £9,000. In brief the property comprises; an entrance porch leading into the living room and kitchen.
The first floor contains the two double bedrooms and bathroom. The loft is partially boarded with a drop-down ladder.
Externally the property has an enclosed yard and outhouse to the rear, whilst to the front there is an enclosed front garden.
Living Room (4.5m x 4.2m (14'9" x 13'9")) Spacious living room located to the front of the property, with window overlooking the front garden.
Kitchen (4.18m x 2.5m (13'8" x 8'2")) The kitchen is fitted with a range of wall and base units, complementing work surfaces, tiled splash backs and sink/drainer unit.
Space is available for free standing kitchen appliances.
Master Bedroom (3.5m x 3.12m (11'5" x 10'2")) The master bedroom provides space for a king sized bed, further furniture and window to the front elevation.
Bedroom Two (3.65m x 2.55m (11'11" x 8'4")) The second bedroom is another double room with built in storage cupboards and window to the rear elevation.
Bathroom (2.7m x 1.5m (8'10" x 4'11")) The bathroom is fitted with a panelled bath, WC and wash hand basin. External Externally the property has an enclosed yard with outhouse providing storage.
Whilst to the front there is an enclosed garden with gate leading out onto the green.
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 37, The Centre, Bishop Auckland
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