2-bedroom terraced house · DL13 2NN
For saleListed 43 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Paragon Street within the popular market town of Stanhope, this attractive two-bedroom stone-built terraced home has been fully refurbished in recent years and offers well-presented, generously proportioned accommodation across two floors.
Combining the character of its traditional stone exterior with a comfortable and practical interior, the property should appeal to a range of purchasers, including first-time buyers, downsizers and those seeking an investment opportunity.
Entering through the front door, a small entrance hallway provides access into the living room and to the staircase rising to the first floor.
The living room is a comfortable and well-proportioned reception space, with a window allowing natural light from the front elevation.
A feature fireplace with electric fire provides an attractive focal point, while useful built-in cupboards offer additional storage.
From the living room, a doorway leads through into the kitchen/diner, which extends across the rear of the property and provides ample space for both cooking and dining.
The fitted kitchen comprises a range of light-coloured wall and base units complemented by wood-effect laminate work surfaces and a tiled splashback, with an inset stainless-steel sink positioned beneath the window.
An integrated oven, gas hob and extractor hood are also provided, together with space and plumbing for a washing machine.
Beyond the kitchen area is a useful dining space, with a door opening directly onto the enclosed rear yard.
The staircase rises to the first-floor landing, from which there are two bedrooms and the bathroom.
The main bedroom is particularly generous, providing plenty of room for a double bed alongside freestanding bedroom furniture, while the second bedroom offers a versatile additional space that could equally lend itself to use as a child's bedroom, guest room or home office.
Completing the first-floor accommodation is the bathroom, fitted with a white suite comprising a shower enclosure, WC and wash hand basin with vanity storage beneath, while a frosted window provides natural light and ventilation.
Externally, the property retains an attractive traditional stone frontage in keeping with its surroundings on Paragon Street.
To the rear is an enclosed, low-maintenance yard, conveniently accessed directly from the kitchen/diner.
Having undergone a full programme of refurbishment in recent years, the property presents an excellent opportunity to acquire a traditional Weardale home offering manageable accommodation in the heart of Stanhope, with the village's range of shops, amenities and surrounding countryside within easy reach.
Disclaimer: These particulars are intended to give a fair description of the property but do not constitute part of an offer or contract.
All descriptions, dimensions, references to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct, but any intending purchasers should not rely on them as statements or representations of fact and must satisfy themselves by inspection or otherwise as to their accuracy.
No person in the employment of the seller or agent has any authority to make or give any representation or warranty in relation to this property.
We are obliged to conduct an Anti-Money Laundering (aml) check on all buyers, this is a legal requirement, it’s an online process and doesn’t affect your credit score.
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Value & comps
No previous sales on record.
Returns
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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
FAQ
About 21, Paragon Street, Bishop Auckland
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