3-bedroom house · DL14 8RS
Listing removedReduced £9k (−23.1%) on 13 OctListed 93 daysAuction 26 Aug · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Wednesday 26th August 2026. Head over to our website to download the legal pack, register to bid and see more information.
A freehold vacant 3 bedroom mid-terraced property occupying an established residential position within Bishop Auckland, offering well-proportioned accommodation across two floors together with excellent potential for owner occupation, rental investment or resale.
The accommodation briefly comprises an entrance hallway leading through to a spacious front lounge together with a separate fitted kitchen and generously sized ground floor bathroom.
The first floor provides three bedrooms, comprising a principal double bedroom together with two further bedrooms and a central landing.
The property offers practical family accommodation and presents an excellent opportunity for buyers looking to modernise or personalise to their own specification.
Externally, the property occupies a traditional terraced plot within a well-established residential area, with further details to be confirmed by inspection.
The property is considered suitable for investors, first-time buyers or owner occupiers seeking a competitively priced home with scope for future value enhancement.
Close House is conveniently situated within Bishop Auckland, providing easy access to a range of local amenities including supermarkets, schools and leisure facilities.
The town centre is located a short distance away together with Bishop Auckland Railway Station, offering regular services to Darlington and the wider rail network.
The property also benefits from excellent road links via the A688 and A689, providing convenient access to Durham, Darlington and the surrounding areas, making the location popular with both owner occupiers and tenants alike.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time Thursday 30th July 2026: 12pm Thursday 6th August 2026: 12pm Saturday 22nd August 2026: 12pm Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
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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
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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
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FAQ
About 52 Close House, 52 Close House, Bishop Auckland
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