1-bedroom terraced house · DL15 8DE
Listing removedListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming one bedroom cottage-style home beautifully presented throughout spacious double bedroom modern kitchen & bathroom generous rear yard with dedicated parking ideal first-time buy viewing highly recommended.
A charming and beautifully presented one bedroom mid-terraced property, pleasantly situated in the rural village of Fir Tree.
Combining cottage-style character with modern fixtures and fittings, this lovely home is ready to move straight into and would make an excellent purchase for a first-time buyer, young couple or those looking to downsize.
The ground floor accommodation comprises a spacious and welcoming lounge, which is full of character with an attractive exposed brick fireplace and log-burning stove forming a superb focal point.
From the lounge, the staircase rises to the first floor, while the well-appointed kitchen offers a good range of units, work surfaces and space for appliances.
Also located on the ground floor is the modern bathroom, which has been stylishly finished and complements the character of the property particularly well.
To the first floor is a generously proportioned double bedroom, providing an impressive amount of space for a one-bedroom home and easily accommodating a full range of bedroom furniture.
Externally, the property continues to impress. To the rear is a good-sized enclosed yard/patio, which has been attractively arranged with plenty of space for outdoor seating, pots and plants.
Beyond the enclosed garden area is a further gravelled area providing dedicated off-street parking a particularly useful feature for a property of this type.
Fir Tree offers an appealing semi-rural setting surrounded by the County Durham countryside, while remaining within easy reach of Crook, Bishop Auckland and Durham for a wider range of shops, supermarkets, schools and everyday amenities.
The location is also well placed for commuters, with convenient access to the A68, A689 and A690, providing links throughout the region.
With its combination of cottage character, modern presentation, surprisingly spacious accommodation and off-street parking, this is a property which really needs to be viewed to be fully appreciated.
Freehold | Approx. 614 sq. Ft.
| One Large Double Bedroom | Cottage-Style Features | Modern Kitchen | Modern Bathroom | Spacious Lounge | Enclosed Rear Yard | Dedicated Parking | Well Presented Throughout.
An ideal first home which is not to be missed early viewing is strongly recommended.
Ground Floor Accommodation Entrance Hall Lounge 5.51m x 3.86m - 18'1” x 12'8” Kitchen 3.53m x 1.94m - 11'7” x 6'4” Bathroom First Floor Accommodation Bedroom One 4.47m x 3.86m - 14'8” x 12'8” Externally
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.
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FAQ
About 9, Institute Terrace, Crook
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