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See how verdicts work2-bedroom semi-detached house · DH6 4NS
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available for sale with no chain involved, this semi detached house with two bedrooms in the village of Kelloe has been modernised to include a refitted kitchen, replacement windows, updated electrics and central heating boiler.
Enjoying a cul de sac location, it is in ready to move in condition, perfect for first time buyers or buy to let investors.
The floor plan comprises of an entrance hall, living room, refitted kitchen and rear lobby/utility room with ground floor WC.
To the first floor is a generous double bedroom with cupboard housing the combi gas central heating boiler, further well proportioned bedroom and bathroom.
Externally there are enclosed gardens to the front and rear, along with a driveway for off street parking. Early viewing is highly recommended to avoid disappointment.
Ground Floor Hall Entered via UPVC double glazed door. With stairs leading to the first floor, a radiator and UPVC double glazed window to the front.
Living Room (4.24 x 3.63 (13'10" x 11'10")) Having a UPVC double glazed window to the front, radiator and electric fire.
Kitchen (4.67 x 2.06 (15'3" x 6'9")) Refitted with a range units having contrasting worktops incorporating a stainless steel sink and drainer unit with mixer tap, a built in oven and hob with extractor over and fridge/freezer space.
Further features include a UPVC double glazed window to the rear, tiled splashbacks, laminate flooring, an understairs cupboard and radiator.
Rear Lobby/Utility Room (2.26 x 1.22 (7'4" x 4'0")) Having a UPVC double glazed door to the side, fitted worktop and plumbing for a washing machine.
Wc (1.22 x 1.04 (4'0" x 3'4")) Comprising of a WC, hand wash basin and UPVC double glazed opaque window to the rear.
First Floor Landing Having a UPVC double glazed window to the side and access to the loft.
Bedroom One (3.56 x 3.33 (11'8" x 10'11")) Generous double bedroom with a UPVC double glazed window to the front, a radiator and cupboard housing the combi gas central heating boiler.
Bedroom Two (3.05 x 2.40 (10'0" x 7'10")) Further well proportioned bedroom with a UPVC double glazed window to the rear, a storage cupboard and radiator.
Bathroom/Wc (2.03 x 1.35 (6'7" x 4'5")) Fitted with a panelled bath having mains fed shower over, a wash basin set to a vanity unit and WC.
Having a heated towel rail and UPVC double glazed opaque window to the side.
External To the front of the property is a lawned garden and driveway for off street parking, whilst to the rear is a further garden with lawn, patio area and shed.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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
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FAQ
About 62, Morley Crescent, Durham
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