2-bedroom semi-detached house · DL14 6PG
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This property is situated on a corner plot so has a large amount of outside space that could enable an extension - subject to planning permission.
It has big gardens, ideal for children and pets along with ample off street parking on the block paved driveway for several cars or caravan/mobile home and there are two brick outbuildings for storage.
Currently occupied by a tenant in situ paying £550 per calendar month, the property is available to investors and the tenant will stay, or owner occupiers as the current owner will serve notice on the tenant and the property will be sold with vacant possession, and the time frames for this will apply.
The accommodation comprises of entrance hallway, Livingroom/dining room with sliding patio doors leading to the conservatory and in turn the garden. The kitchen completes the ground floor layout.
This features a selection of integrated appliances including a fridge freezer, dishwasher, oven grill, hob with chimney style extraction above - all with matt doors with worktops and tiled splash backs.
On the first floor there are two double bedrooms and the bathroom/wc which comprises of a bath with shower above it, toilet and sink.
The main bedroom provides access the attic room which could provide a multitude of uses, currently it’s a fantastic playroom.
Hardisty crescent is a mature residential area located a short distance from Bishop Auckland town centre, Tindale retail park and the towns schools.
In our opinion this would make a fine first time buy that has ample space for the family to grow into.
The property is currently tenanted however will be available to owner occupier buyers, subject to statuary notice periods being given to the tenant.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – A Tenure – Freehold PART B Property Type – Semi Detached Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains Sewerage – Mains Heating - mains gas fired boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking: driveway PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm Restrictions - covenants dated 1948 and 1999 are noted on the title Rights & Easements- rights are noted on the title Article 4 Planning Restricted area – the property is subject to Article 4 Direction Flood risk – very low Coastal Erosion - NA Protected Trees – no Conservation area – no Planning Permission no– Accessibility – The property has not been altered for accessibility Mining Area – yes Selective License Area – yes No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £35 (inc VAT) administration fee per individual purchaser, for these checks
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.
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FAQ
About Hardisty Crescent, Bishop Auckland, County Durham, DL14
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