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See how verdicts work2-bedroom terraced house · DL13 5AN
For saleReduced £4k (−5.8%) on 21 JunListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***popular locality with stunning views*** ***ideal starter home with no chain*** Located on a quiet street in the sought-after village of Cockfield, this two-bedroom mid-terrace property offers a fantastic opportunity for first-time buyers or young families looking to create their ideal home.
Enjoying lovely open views, the property benefits from a peaceful setting while still being within easy reach of local amenities.
Although some internal cosmetic updating is required, it presents a chance to add value and personalise to your taste.
With the added bonus of no onward chain, this is an excellent purchase not to be missed-perfect for those looking to get onto the property ladder and make a home their own with a floorplan briefly comprising Entrance into Reception Hall, good size Lounge and Kitchen/Breakfast Room whilst to the first floor there are 2 generous bedrooms plus well appointed Bathroom.
Be quick or miss out on this excellent opportunity!
Reception Hall Stairs accessing the first floor, access into:- Living Room 4.4m x 3.62m - 14'5” x 11'11” Upvc framed double glazed window, wall heater, feature coal effect fireplace, understairs storage cupboard, door leading into:- Kitchen/Breakfast Room 4.52m x 2.5m - 14'10” x 8'2” Fitted with a good range of base and wall units, heat resistant worktops, stainless steel sink unit, oven with hob, plumbing for automatic washing machine, space for fridge freezer, part tiling to the walls, upvc framed double glazed window, radiator, lino flooring, space for breakfast table and chairs, door accessing the rear of the property.
Landing Radiator. Bedroom 1 3.94m x 3.74m - 12'11” x 12'3” Built in storage cupboard, upvc framed double glazed window, wall heater.
Bedroom 2 3.19m x 2.64m - 10'6” x 8'8” Lovely views over local countryside, upvc framed double glazed window, wall heater.
Bathroom Fitted with a well appointed coloured suite comprising panel bath with overhead shower, pedestal handwash basin, low level WC, upvc framed double glazed window, radiator, tiling to the walls, storage cupboard, wall heater.
Outside Externally to the rear of the property there is a lawned area.
Value & comps
No previous sales on record.
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 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
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FAQ
About 28, Esperley Lane, Bishop Auckland
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