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See how verdicts work2-bedroom house · DL13 5AN
Listing removedListed 225 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming two bedroomed end of terrace cottage situated on Esperley Lane. The property benefits from a large garden with garage and storage sheds, gated double driveway and spacious rooms throughout.
Located within the rural village of Cockfield, the property has access to a range of local amenities including cafes, convenience stores, schools and local shops.
Further afield towns such as Bishop Auckland and Barnard Castle are easily accessed via the A688 and public bus services available in the village.
These towns each provide further amenities including supermarkets, high street shops, retail stores and food outlets, while the ever-expanding Tindale Retail Park has the newly opened shopping complex.
In brief, the property comprises; the spacious living room, kitchen and conservatory to the ground floor while the first floor hosts the two double bedrooms and family bathroom.
Externally, there is a large gated driveway to the front offering ample off street parking along with the walled garden featuring paved areas ideal for outdoor furniture, artificial lawn and perimeter borders with an array of well established plants and trees.
Over the side lane, there is an additional gated stable yard with multiple storage sheds and single garage which could be developed upon as a building plot subject to relevant planning consents.
Living Room (4.87m x 4.83m (15'11" x 15'10")) Bright and spacious living room offering ample room for furniture with original feature fire surround and fitted storage cupboards with French doors leading into the garden.
Kitchen (4.49m 2.96m (14'8" 9'8" )) The kitchen is fitted with a range of wooden wall, base and drawer units, complementing work surfaces, tiled splash backs and sink/drainer.
Space is available for free standing appliances and dual windows to the side elevation allow lots of natural light.
Conservatory (3.35m x 2.5m (10'11" x 8'2")) Located to the front of the property, the conservatory provides a great additional reception area with panoramic windows showcasing the picturesque country views.
Master Bedroom (3.85m x 2.85m (12'7" x 9'4" )) Generously sized master bedroom with ample space for a king-sized bed and further furniture, neutral decor and large window to the front elevation.
Bedroom Two (2.97m x 2.3m (9'8" x 7'6" )) A second large double bedroom with window to the front elevation.
Bathroom (2.97m x 2.26m (9'8" x 7'4" )) The family bathroom is fitted with a corner bath, wash hand basin and WC with frosted window to the rear elevation.
External Externally, there is a large gated driveway to the front offering ample off street parking along with the walled garden featuring paved areas ideal for outdoor furniture, artificial lawn and perimeter borders with an array of well established plants and trees.
Over the side lane, there is an additional gated stable yard with multiple storage sheds and single garage which could be developed upon as a building plot subject to relevant planning consents.
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 16, Esperley Lane, Bishop Auckland
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