2-bedroom semi-detached house · DL17 0QP
For saleReduced £8.5k (−8.6%) on 8 OctListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious three bedroomed semi-detached family home located on Cragside, a quiet residential area of Chilton.
Ideally situated for easy access to both great commuter links and amenities this property will appeal to a variety of buyers. Located only approx.
6.5 miles from Bishop Auckland, 7 miles from Durham City and 5 miles from Newton Aycliffe, provides an extensive range of facilities from supermarkets to popular high street retail stores, restaurants, leisure centres and healthcare services.
The town itself does provide local amenities from shops to schools as well as having a regular bus service that picks 0.1 mile away from the property leading to neighbouring towns and villages.
In brief, the property comprises; an entrance porch leading into the living room, kitchen, family room and utility to the ground floor.
The first floor consists of the two double bedrooms and family bathroom. Externally, the property features a gravelled garden to the front with mature shrubbery.
To the rear, there is a substantially sized garden, fully enclosed and mainly laid with artificial turf, along with patio space ideal for outdoor seating and furniture, raised perimeter planters hosting an array of well established flowers, plants and shrubbery along with a storage shed/workshop which is fitted with electric and lighting.
Gated access leads out to the back lane where a single driveway provides off street parking.
Living Room (6.0 x 3.29 (19'8" x 10'9")) The bright and spacious living room offers plenty of space for furniture, benefiting from an electric fire, neutral decor and dual aspect windows to the front and rear elevations.
Kitchen (3.49 x 2.28 (11'5" x 7'5")) Fitted with a range of wall, base and drawer units, complementing work surfaces, tiled splashbacks and sink/drainer along with a free standing cooker.
Space is available for further free standing appliances including a washing machine.
Family Room (3.24 x 2.68 (10'7" x 8'9")) The family room is a versatile addition to the property which could be utilised as a formal dining room, home office, playroom or snug with window to the front elevation.
Utility Room (3.3 x 2.0 (10'9" x 6'6")) The utility room provides space for additional appliances with barn door leading into the rear garden.
Master Bedroom (5.22 x 2.89 (17'1" x 9'5")) Generously sized master bedroom with plenty of space for a king-sized bed and further furniture with large window to the front elevation allowing lots of natural light.
Bedroom Two (3.28 x 3.0 (10'9" x 9'10")) Another well-proportioned double bedroom with ample space for furniture and window to the rear elevation.
Bathroom (2.0 x 1.68 (6'6" x 5'6")) Family bathroom fitted with a panelled bath with perimeter tiling, WC and wash hand basin.
Attic (2.15 x 2.63 (7'0" x 8'7")) Fully boarded attic with pull-down ladder. External Externally, the property features a gravelled garden to the front with mature shrubbery.
To the rear, there is a substantially sized garden, fully enclosed and mainly laid with artificial turf, along with patio space ideal for outdoor seating and furniture, raised perimeter planters hosting an array of well established flowers, plants and shrubbery along with a storage shed/workshop which is fitted with electric and lighting.
Gated access leads out to the back lane where a single driveway provides off street parking.
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
Agent & docs
FAQ
About 14, Cragside, Ferryhill
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