3-bedroom semi-detached house · DL14 9RZ
Sold STCListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The village is well regarded for its strong sense of community and charming village green, which sits at its centre and provides a focal point for local life.
The property is ideally placed within close proximity to local schools, shops and everyday amenities, while also offering excellent commuting links to the nearby market town of Bishop Auckland, located just a few miles away.
The property presents an appealing investment opportunity, as it is currently tenanted and generating a rental income of £585 per calendar month, making it an ideal addition to a rental portfolio.
Internally, the accommodation is well arranged and thoughtfully laid out, beginning with an entrance hall that provides access to the ground floor living spaces.
The lounge offers a comfortable and welcoming environment for everyday living, while the kitchen provides ample space for cooking and dining.
A convenient ground floor WC adds further practicality to the home.
To the first floor, the property offers three well-proportioned bedrooms, each providing flexible living space suitable for family use, guests or home working.
These are served by a family bathroom, completing the accommodation and ensuring practicality for modern living.
Externally, the home benefits from a front garden, offering a pleasant approach and ensuring the property is not directly onto the street.
To the rear, there is a large, enclosed garden, mainly laid to lawn and complemented by a patio area, providing an excellent outdoor space for relaxation, children's play or entertaining during the warmer months.
With its desirable village setting, generous outdoor space and reliable rental return, this property offers an excellent opportunity for investors or those seeking a well-located family home in a popular and friendly village environment.
ENTRANCE HALLWAY The entrance hallway is accessed via a UPVC-framed, double-glazed entrance door, with an accompanying UPVC-framed, double-glazed window allowing natural light to brighten the space.
From the hallway, stairs rise to the first floor, providing access to the upper-level accommodation and creating a welcoming introduction to the home.
LOUNGE The spacious lounge is bright and inviting, featuring a UPVC-framed, double-glazed window to the front aspect and UPVC-framed, double-glazed French doors that open directly onto the rear garden, creating a seamless connection between indoor and outdoor living.
A central radiator provides warmth, making the room a comfortable and versatile space for relaxation or entertaining.
KITCHEN The kitchen is well-appointed with a range of fitted white high-gloss base and wall units, complemented by laminate work surfaces that provide a practical and stylish workspace.
An inset sink with drainer and mixer tap is neatly integrated, and there is plumbing in place for an automatic washing machine.
The kitchen features a tiled floor and a radiator, with two UPVC-framed, double-glazed windows and a rear door offering direct access to the garden, creating a bright, functional and inviting space for cooking and dining.
GROUND FLOOR WC The ground floor WC is fitted with a white low-level WC and features tiling to the splashback and vanity areas, creating a clean and practical finish.
A UPVC-framed, double-glazed window allows natural light to brighten the space, making it a convenient addition to the ground floor.
FIRST FLOOR LANDING The first-floor landing provides access to all upper-level accommodation and features a built-in storage cupboard housing the gas combination central heating boiler.
A UPVC-framed, double-glazed window allows natural light to fill the space, creating a bright and practical landing area.
BEDROOM ONE The first bedroom is a generously sized double room, offering ample space for freestanding wardrobes alongside a built-in storage cupboard with hanging space.
A central radiator provides warmth, while a UPVC-framed, double-glazed window fills the room with natural light, creating a comfortable and versatile space.
BEDROOM TWO The second bedroom is another well-proportioned double room, featuring a UPVC-framed, double-glazed window that allows natural light to fill the space.
A central radiator ensures comfort, making the room a versatile space suitable for use as a bedroom, guest room, or home office.
BEDROOM THREE The third bedroom is a comfortable room, featuring a UPVC-framed, double-glazed window that allows natural light to fill the space.
A central radiator provides warmth, making it a versatile room suitable as a bedroom, study, or guest room.
FAMILY BATHROOM The family bathroom features a fitted white suite, comprising a panelled bath with an inset electric shower, a wash hand basin, and a WC.
Panelled walls and ceiling create a clean and stylish finish, while a UPVC-framed, double-glazed window allows natural light to brighten the room.
A radiator provides warmth, ensuring the bathroom is both functional and comfortable.
EXTERNALLY Externally, the property benefits from a front garden laid to gravel and paving, providing a neat and low-maintenance frontage.
To the rear, there is a large, fully enclosed garden, predominantly laid to lawn and complemented by a patio area, offering an ideal space for outdoor seating, entertaining, or family activities in a private and secure setting.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Newholme Crescent, Evenwood , Bishop Auckland
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