We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · DL13 4AG
Listing removedReduced £5k (−11.1%) on 31 JulListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £59,000 A good sized terrace house presents an excellent opportunity for those seeking a project to make their own.
Boasting a good-sized layout, the property features two reception rooms, perfect for both relaxation and entertaining.
With three well-proportioned bedrooms, there is ample space for families or those wishing to accommodate guests.
The house includes a bathroom that, while functional, may benefit from some modernisation, allowing you to add your personal touch.
The property is chain-free, making the buying process smoother and more straightforward.
While the home does require some work, it offers a fantastic canvas for renovation and improvement, allowing you to create a space that truly reflects your style and needs.
With its prime location in Tow Law, you will enjoy the convenience of local amenities and the beauty of the surrounding countryside.
This property is ideal for first-time buyers, families, or investors looking to add to their portfolio. Do not miss the chance to transform this house into your dream home.
Auction Being Sold via Secure Sale online bidding. Terms & Conditions apply. Starting Bid £59,000 Ground Floor Entrance Vestibule Via upvc double glazed door.
Lounge (4.306 x 5.168 (14'1" x 16'11")) Having feature fireplace, central heating radiator and uPVC double glazed window to front.
Dining Room (4.633 x 3.652 (15'2" x 11'11")) With under stairs storage cupboard, central heating radiator and uPVC double glazed window to rear.
Kitchen Fitted with wall and base units with contrasting work surfaces over, stainless steel sink unit with mixer tap, plumbing for washing machine and space for fridge freezer, wall mounted gas boiler and uPVC double glazed window to side.
Landing Having loft hatch and central heating radiator. Firts Floor Bedroom One (3.207 x 4.370 (10'6" x 14'4")) Having central heating radiator and uPVC double glazed window to front.
Bedroom Two (4.592 x 2.341 (15'0" x 7'8")) Having central heating radiator and uPVC double glazed window to rear.
Bedroom Three (3.211 x 1.888 (10'6" x 6'2")) Having central heating radiator and uPVC double glazed window to front.
Bathroom/Wc Fitted with a free standing bath with clawed feet, wc, wash hand basin, double shower unit and central heating radiator. Externally Externally To The rear is a enclosed yard and garage.
Other General Information Tenure: Freehold Gas and Electricity: Mains Sewerage and water: Mains Broadband: Superfast Highest available download speed 80 Mbps Highest available upload speed 20 Mbps Mobile Signal/coverage: We recommend speaking to your local network provider Council Tax: Durham County Council, Band: A.
Annual price: £1,682.44 (Maximum 2025) Energy Performance Certificate Grade tbc Mining Area: This property is located in an area of historical mining works, a mining search is recommended.
This can be done via a solicitor as part of Conveyancing. Flood Risk: Very low risk of surface water flooding and flooding from rivers and the sea.
Disclaimer The preceding details have been sourced from the seller, and other third parties.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B and C, should be sought from a legal representative or appropriate authorities.
Venture Properties (Crook) Limited cannot accept liability for any information provided.
Energy Performance Certificate To view the full Energy Performance Certificate please use the following link: Grade tbc Auctioneers Comments Auctioneers Additional Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
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 advisers 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
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FAQ
About 2, Grove Road, Bishop Auckland
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