Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom terraced house · DL15 9NL
For saleListed 183 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Starting Bid £89,000 Three Bedroom end-terrace house presents an excellent opportunity for those seeking a home to make their own.
The property boasts three well-proportioned bedrooms, making it ideal for families or those in need of extra space.
The inviting lounge offers a comfortable area to relax and entertain, while the first-floor bathroom adds convenience to daily living.
One of the standout features of this property is the rear garden, which provides a private outdoor space for gardening, play, or simply enjoying the fresh air.
Additionally, a garage situated in a nearby block offers valuable storage or parking options, accommodating one vehicle.
This chain-free property is particularly appealing for buyers looking to move quickly.
While the home requires some modernisation, it presents a fantastic opportunity to personalise and enhance the space to suit your tastes and lifestyle.
With its popular location and potential for improvement, this end-link house is a promising prospect for those ready to invest in their future.
Don't miss the chance to view this property and envision the possibilities it holds. Ground Floor Entrance Hallway Having upvc entrance door, storage cupboard and stairs to first floor.
Lounge/Dining Room (6.763 x 3.827 (22'2" x 12'6")) Having feature fireplace housing gas fire, laminate flooring and upvc double glazed windows to both front & rear.
Kitchen/Breakfast Room (4.848 x 2.473 (15'10" x 8'1")) Fitted with wall and base units having contrasting work surfaces over, stainless steel sink unit with mixer tap, integrated eye level oven and separate gas hob, plumbing for washing machine, space for breakfast room, window to rear and door.
First Floor Landing Having storage cupboard housing gas boiler. Bedroom One (3.796 x 3.125 (12'5" x 10'3")) Having central heating radiator and upvc double glazed window to front.
Bedroom Two (3.211 x 2.691 (10'6" x 8'9")) Having central heating radiator and upvc double glazed window to rear.
Bedroom Three (2.892 x 2.518 (9'5" x 8'3")) Having central heating radiator and upvc dou8ble glazed window to front.
Bathroom/Wc Fitted with panelled bath, wc, wash hand basin and central heating radiator. Externally Externally to the rear is a enclosed garden. And to the front is a open plan garden.
To the side is a garage situated in a block. The garage belonging to no 12 has a blue door.
Auctioneers Comments Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'.
This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent.
The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via the Marketing Agents or via The Auctioneers website.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between both any marketing agent and The Auctioneer in order that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification of identity process in accordance with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure that aml procedure are carried out in accordance with the law.
The advertised price is commonly referred to as a ‘Starting Bid’ or ‘Guide Price’ and is accompanied by a ‘Reserve Price’.
The ‘Reserve Price’ is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the ‘Guide Price’ / ‘Starting Bid’. These prices are subject to change.
An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers’ obligations and sellers’ commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price of the property.
The deposit will be a contribution to the purchase price.
A non-refundable reservation fee up to 6% inc VAT (subject to a minimum which could be up to £7,200 inc VAT) is also required to be paid upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs.
Both the Marketing Agent and The Auctioneer may believe necessary or beneficial to the customer to pass their details to third party service suppliers, from which a referral fee may be obtained.
There is no requirement or indeed obligation to use these recommended suppliers or services.
Energy Performance Certificate To view the full Energy Performance Certificate please use the following link: EPC Grade C Other General Information Tenure: Freehold Gas and Electricity: Mains Sewerage and water: Mains Broadband: Superfast Broadband available.
Highest available download speed 40 Mbps Highest available upload speed 7 Mbps Mobile Signal/coverage: We would recommend speaking to your provider to discuss this further.
Council Tax: Durham County Council, Band: A.
Annual price: £1,666.64 (Maximum 2025) This property has been vacant for a number of months/years, additional council tax charges may be payable upon completion.
Energy Performance Certificate Grade C Mining Area: This property is located in an area of historical mining works, a mining search is recommended.
This can be done via a solicitor as part of Conveyancing.
Flood Risk: Very low risk of surface water flooding and flooding from the rivers and sea Disclaimer The preceding details have been sourced from the seller, and other third parties.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B and C, should be sought from a legal representative or appropriate authorities.
Venture Properties (Crook) Limited cannot accept liability for any information provided.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 12, Swingfield Close, Crook
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