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See how verdicts work3-bedroom terraced house · DL15 9JB
Listing removedReduced £2k (−3.5%) on 18 SepListed 476 daysAuction 11 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary *****For sale via online auction starting bid 60,000 terms and conditions apply. This property is sold with a tenant in situ at 550 pcm please ask the office for more information.
A three bedroom terraced home set over three floors. Details comprise of Entrance Hallway, Lounge, Dining Room and Gallied Kitchen To the first floor are two bedrooms and a family bathroom.
To the upper floor is a further bedroom in the attic space. Externally is a enclosed rear yard and enclosed garden over the service lane.
Agents note A new boiler is being fitted on 11th September 2025 and comes with a 7 year warranty Council Tax Band: A Tenure: Freehold Entrance Hallway Via uPVC double glazed door, central heating radiator.
Lounge/ Bedroom 6.840 x 3.861 (22'5" x 12'8") - With central heating radiator and uPVC double glazed window to front. Inner Hall Having stairs rising to first floor.
Dining Room 4.963 x 4.223 (16'3" x 13'10") - Having laminate, central heating radiator and uPVC double glazed window to rear.
Kitchen 7.050 x 1.724 (23'1" x 5'7") - Fitted with a range of wall and base units with contrasting work surfaces over, stainless steel sink unit with mixer tap, plumbing for washing machine, wall mounted gas boiler, central heating radiator and uPVC rear entrance door.
Landing With uPVC window to front. Bedroom One 4.053 x 2.972 - Having central heating radiator and uPVC double glazed window to front.
Bedroom Two 3.394 x 3.029 (11'1" x 9'11") - Having central heating radiator and uPVC double glazed window to rear. Bathroom/ Wc Fitted with a panelled bath, WC, wash hand basin and heated towel rail.
Second Floor With stairs rising from the landing. Attic Area/Bedroom Three With uPVC double glazed window. Externally To the rear is a immediate enclosed yard and a garden over the service lane.
Energy Performance Certificate To view the Energy Performance Certificate for the property please use the following link:- Other General Information EPC Grade D Tenure: Freehold Gas and Electricity: Mains Sewerage and water: Mains Broadband: Ultrafast Broadband available.
Highest available download speed 1800 Mbps. Highest available upload speed 220 Mbps. Mobile Signal/coverage: Likely with Three and Vodafone.
Council Tax: Durham County Council, Band: A Annual price: 1,624.04 (Maximum 2025) Energy Performance Certificate Grade D 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. Very low risk of flooding from rivers and the sea.
Auctioneers Additional Comments Pattinson Auction are referred to below as The Auctioneer.
This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively.
The property is being sold via a transparent online auction.
To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Our verification process is in place to ensure aml procedures are carried out in accordance with the law Auctioneers Additional Comments 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.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (Subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
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.
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FAQ
About 52, High Hope Street, Durham
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