2-bedroom terraced house · DL15 9EB
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom terraced house is located on Grey Street in County Durham and provides accommodation arranged over two floors.
The property includes two double bedrooms, one bathroom, one reception room, a fitted kitchen, a downstairs WC and an enclosed rear yard.
The house benefits from modern décor throughout, full double glazing and gas central heating served by a combi boiler. On-road parking is available, and is allowed.
The ground floor opens into the entrance area, leading to the reception room. This room is finished with neutral décor, fitted carpet, ceiling lighting, electrical sockets and a front-facing window.
The room gives access to the kitchen, the downstairs WC and the staircase to the first floor.
Internal doors, skirting boards and painted finishes are present throughout the ground-floor accommodation.
The fitted kitchen is positioned towards the rear of the property and includes a range of wall-mounted and base-level units with light-coloured doors, wood-effect worktops and tiled splashbacks.
Appliances and fittings include an integrated oven, a gas hob, extractor space, a sink with drainer and mixer tap, and adjoining preparation surfaces.
The kitchen also has tiled flooring, recessed ceiling lighting, electrical sockets and a rear-facing window. A further door provides access to the outside area.
The downstairs WC includes a toilet and wash hand basin, with tiled flooring and neutral wall finishes. On the first floor, the property has two double bedrooms.
Both rooms are carpeted and decorated in neutral tones, with double-glazed windows, radiators and electrical points.
The rooms provide space for standard bedroom furniture and can be used according to the occupier’s requirements.
The bathroom is fitted with a panelled bath, an overhead shower and shower fittings, a pedestal wash hand basin and a toilet.
The room has tiled flooring, tiled wall areas around the bath, a heated towel rail and recessed lighting.
The enclosed rear yard is accessed from the kitchen and is mainly paved, providing an external area for household use.
The yard is bounded by fencing and adjoining property walls, with a gate providing access towards the rear passage.
The outdoor space includes drainage points and external access doors to adjoining outbuildings or neighbouring structures.
On-road parking is available outside the property, subject to local restrictions and availability. The house is situated within the DL15 postcode area of County Durham.
The surrounding area is predominantly residential, with established terraced housing and local road connections.
Grey Street provides access to the surrounding neighbourhood and the wider County Durham area.
Nearby services, shops, schools, healthcare facilities and public transport connections are located within the broader local area, with exact distances dependent on the specific destination.
The property is offered with gas central heating, full double glazing, an oven and hob, and an enclosed rear yard.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Grey Street, County Durham, County Durham, DL15
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