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See how verdicts work2-bedroom terraced house · DL15 9EL
Sold STCListed 47 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A Ready-Made Investment Opportunity, Two Bedrooms & Sold With A Sitting Tenant.
An excellent opportunity for landlords and investors to acquire this well-presented two-bedroom terraced home, conveniently positioned within Crook and offered for sale with a sitting tenant, providing the benefit of an established tenancy from completion.
The property offers surprisingly generous accommodation with a modern, well-presented interior and a practical layout.
The ground floor is centred around an impressive open-plan living and dining space, providing excellent proportions for everyday living.
Contemporary flooring runs throughout, while a feature fireplace adds character and creates an attractive focal point within the living area.
Beyond, the galley-style kitchen is fitted with a range of white units, contrasting work surfaces and tiled splashbacks, with ample preparation space and room for a selection of appliances.
To the first floor are two bedrooms, including a particularly generous principal bedroom with ample space for additional furniture.
The second bedroom provides useful flexibility, while the accommodation is completed by a modern shower room featuring marble-effect tiling, a generous shower enclosure, WC, vanity wash basin and chrome heated towel rail.
Situated within the established market town of Crook, the property is conveniently placed for local shops, amenities, schools and transport connections, helping underpin its appeal within the local rental market.
With a tenant already in occupation, this represents an attractive opportunity for an investor seeking to add an established rental property to their portfolio without the initial void period associated with securing a new tenant.
Further tenancy information, including the current rental income and tenancy terms, can be made available to interested purchasers.
Disclaimer These property particulars have been prepared by Ryan James Estate Agents Ltd in consultation with the vendor(s) and are intended as a fair and general guide to the property.
The information provided, including Material Information, has been compiled in good faith using details supplied by the vendor(s), enquiries made prior to marketing and resources reasonably available to us at the time of publication.
No additional Material Information disclosures have been made by the vendor(s).
These particulars do not constitute or form part of any offer or contract, and prospective purchasers should satisfy themselves as to the accuracy and relevance of all information provided.
Details may change following publication, and Ryan James Estate Agents Ltd cannot accept liability for subsequent changes or inadvertent errors or omissions.
All measurements, dimensions and distances are approximate, and we have not tested any services, systems, installations or appliances.
Identity Verification Requirements HMRC supervises the legal obligation for all estate agents to carry out identity checks on their customers under Anti-Money Laundering regulations.
This includes buyers once their offer has been accepted. Identity checks must be completed for each purchaser who will become a legal owner of the property.
A £30 administration fee (including VAT) is payable per individual purchaser to cover the cost of these checks.
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
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
Agent & docs

FAQ
About Albert Street, Crook, Durham, DL15
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