3-bedroom house · DL14 8LH
Listing removedListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious three bedroomed mid-terrace property situated on Collingwood Street, Coundon. The property benefits from recent renovations throughout and has a low maintenance enclosed rear garden.
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 into the living room, dining room, kitchen and bathroom to the ground floor while the first floor consists of the three bedrooms.
Externally, on street parking is available to the front while to the rear, there is an enclosed rear garden, split-level with patio ideal for outdoor furniture.
Living Room Bright and spacious living room offering ample space for furniture, neutral decor and window to the front elevation allowing lots of natural light.
Dining Room The dining room is another large reception room with space for a dining table and chairs, neutral decor and French doors leading into the rear garden.
Kitchen The kitchen is fitted with a range of wall, base and drawer units, complementing work surfaces, upstands, sink/drainer, integrated electric oven, hob and overhead extractor hood.
Space is available for further free standing appliances. Bathroom The bathroom is fitted with a corner shower cubicle, heated towel rail, WC and wash hand basin.
Master Bedroom Generously sized master bedroom with space for a king-sized bed and further furniture, natural decor and window to the rear elevation.
Bedroom Two Another spacious double bedroom with neutral decor and window to the front elevation.
Bedroom Three The third bedroom is a single sized room with neutral decor and window to the front elevation.
External Externally, on street parking is available to the front while to the rear, there is an enclosed rear garden, split-level with patio ideal for outdoor furniture.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 55, Collingwood Street, Bishop Auckland
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