3-bedroom terraced house · DL14 8TJ
For saleListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroomed mid-terrace property located on Johnson Street, Eldon Lane.
Close to local amenities including a primary school, convenience store, doctors surgery as well as having a regular bus service providing access to neighbouring towns and villages.
Nearby Bishop Auckland and Tindale's ever expanding retail park offer supermarkets, secondary schools, restaurants, retail stores, high street shops as well as the new cinema/bowling and shopping complex opening in summer 2024.
The A689 is close by for commuters. In brief, the property comprises; a porch leading into the living room, dining room, kitchen and bathroom to the ground floor.
The first floor contains the three spacious bedrooms.
Externally, there is on street parking available to the front while to the rear, there is a low maintenance enclosed yard with gated access into the back lane.
Living Room (4.67 x 3.7 (15'3" x 12'1")) Spacious living toom located to the front of the property with ample space for furniture and window allowing lots of natural light.
Dining Room (4.67 x 1.74 (15'3" x 5'8")) Open-plan from the living room with space for a dining table and chairs.
Kitchen (4.67 x 2.5 (15'3" x 8'2")) Modern kitchen fitted with a range of wall, base and drawer units, complementing work surfaces and sink/drainer along with an electric oven, hob and overhead extractor hood.
Bathroom (2.1 x 2.1 (6'10" x 6'10")) Family bathroom fitted with a panelled bath with electric shower, WC and wash hand basin.
Master Bedroom (4.65 x 3.7 (15'3" x 12'1")) Generously sized master bedroom with space for a king-sized bed and further furniture, modern decor and window to the front elevation.
Bedroom Two (4.32 x 2.62 (14'2" x 8'7")) Another well-proportioned bedroom with neutral decor and window to the rear. Bedroom Three (3.2 x 2.1 (10'5" x 6'10")) Single bedroom with window to the rear.
External Externally, there is on street parking available to the front while to the rear, there is a low maintenance enclosed yard with gated access into the back lane.
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 28, Johnson Street, Bishop Auckland
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