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See how verdicts work3-bedroom house · DL14 6NQ
Listing removedListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three bedroomed, semi detached family home located on Richmond Avenue in Bishop Auckland.
Benefiting from a number of improvements made by the current owners including; a new kitchen, windows, oak doors and boiler.
Set within the highly sought after Pye Estate, the property is within walking distance to local amenities including highly regarded primary and secondary schools.
Bishop Auckland's town centre offers access to supermarkets, high street stores, independent shops, restaurants and cafes, whilst the nearby retail park is ever expanding, with a range of popular high street shops, food outlets and a new cinema/bowling complex opening soon.
There is an extensive public transport system in the area via both bus or train allows regular access to further afield places, such as; Darlington, Durham, Newcastle or York.
For commuters the A688 and A689 are both close by. In brief the property comprises; an entrance porch leading through into the living room, dining room and kitchen to the ground floor.
The first floor contains the master bedroom, two further bedrooms and family bathroom.
Externally, the property has a lawned garden to the front, along with a driveway leading to the single garage providing ample off street parking.
To the rear of the property there is a large enclosed garden mainly laid to lawn along with patio areas ideal for outdoor furniture.
Living Room (5.0m x 4.0m (16'4" x 13'1")) Bright and spacious living room with electric fire with feature surround and plenty of space for further free standing furniture.
Window to the front elevation gives ample natural light.
Dining Room (3.3m x 2.7m (10'9" x 8'10")) The dining room provides space for a table and chairs, further furniture and French doors to the rear lead out into the garden.
Kitchen (3.3m x 2.3m (10'9" x 7'6")) The kitchen contains a new range of wall, base and drawer units, complementing work surfaces, tiled splash backs and Belfast sink.
Benefiting from an integrated fridge/freezer, oven, hob and overhead extractor hood along with space for further free standing appliances.
Master Bedroom (4.0m x 3.0m (13'1" x 9'10")) The master bedroom is a spacious double bedroom, with room for a king sized bed, further furniture and window to the front elevation.
Bedroom Two (3.3m x 3.0m (10'9" x 9'10")) The second bedroom is a further double bedroom, benefiting from built in wardrobes and window to the rear elevation.
Bedroom Three (3.2m x 2.0m (10'5" x 6'6")) The third bedroom is a single room with window to the front elevation.
Bathroom (2.0m x 1.7m (6'6" x 5'6")) The modern bathroom contains a panelled bath with overhead rainfall shower, WC and wash hand basin.
External Externally the property has a lawned garden to the front, along with a driveway leading to the single garage providing ample off street parking.
To the rear of the property there is a large enclosed garden mainly laid to lawn along with patio areas ideal for outdoor furniture.
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 13, Richmond Avenue, Bishop Auckland
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