2-bedroom house · DL13 1PY
For saleReduced £130k (−40%) on 14 JulListed 467 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coming to the market chain free, this 2 bedroom semi-detached stone cottage presents a great opportunity to own a home that is nestled within the picturesque North Pennines National Landscape.
Dating back to the early 1800s, this property exudes character with it’s exposed stone walls, deep sills, exposed ceiling beams on the first floor, creating a warm and cosy atmosphere.
The wooden double-glazed windows throughout allow natural light to fill the rooms, showcasing the rustic features of the cottage.
In brief, the ground floor accommodation comprises an open-plan living room and kitchen, with a staircase rising to the first floor.
To the first floor, are the property’s two double bedrooms and bathroom.
The current owners have thoughtfully maintained the property, with a roof renewal in 2003, wooden double-glazed windows installed c.2003, water treatment works undertaken in 2019, ongoing maintenance and servicing of the oil Combi boiler, all adding to the maintenance and longevity of this cottage.
The property offers a South-facing garden with fantastic views of the North Pennines, providing a perfect setting for outdoor entertaining, or to simply relax and unwind.
Parking is convenient, currently with space for one vehicle, with the possibility of creating a second space via the removal of 2 conifer trees.
Don't miss out on the chance to own this 2 bedroom semi-detached cottage with its character and stunning views. Contact us today to arrange a viewing.
Estate Agent Notes: The garden is larger than shown in the current photographs, extending well beyond the white fencing The existing water treatment plant services two properties, however plans are in place to add a third property to this arrangement, which will reduce the running costs for the property.
The third property will be connected for liquids only and on a trickle basis so will not impact the performance of the plant.
In addition to the parking bay currently assigned to the property, an additional parking space for a further vehicle can be made through the removal of two large conifers to the Northern side of the property.
A quote of £500 has been provided for this work by a local contractor. A right of access exists to the Eastern side of the property to give external access to the garden.
It is possible for the new owners to purchase the section of land currently owned by the neighbouring property which provides this access, for residential use only.
It would be possible to reinstate an external doorway to the Northern side (road side) of the property if desired.
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
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