Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · DL13 4AJ
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being Sold via Secure Sale online bidding. Terms & Conditions apply.
Set across three well-proportioned storeys, this inviting terraced house in the heart of Tow Law, County Durham, offers superb potential for families, first-time buyers, and investors alike.
Requiring some modernisation but presented chain free, the property delivers flexible living spaces and an affordable opportunity to enhance and personalise to your own taste.
The ground floor offers you with a versatile space that can function either as a comfortable bedroom or a relaxing lounge, ensuring complete adaptability to suit changing needs.
On the first floor, a spacious and naturally lit lounge is complemented by a dedicated dining area.
A separate, good-sized kitchen provides ample room for meal preparation, while both a modern wet room and a separate WC add consistent comfort and practicality.
Climbing to the top floor reveals two exceptionally generous double bedrooms. Each benefits from abundant natural light and offers plenty of space for restful nights or peaceful study.
To the rear, there’s a fully enclosed yard—ideal for container gardening, alfresco dining, or simply enjoying a breath of fresh air. On-street parking is readily available, adding further convenience.
Ideally situated in the historic town of Tow Law—once celebrated for its proud industrial past—the property is surrounded by a friendly community atmosphere.
The dramatic landscapes of the North Pennines Area of Outstanding Natural Beauty are just minutes away, offering a variety of walking trails, cycling routes, and breath-taking scenic vistas.
Tow Law itself provides a range of everyday amenities, including local shops, well-regarded schools, and welcoming pubs.
Ground Floor - Entrance Hallway - Front entrance door and staircase to the first floor Ground Floor Bedroom - 4.368 x 2.927 (14'3" x 9'7") - UPVC double glazed window to the front elevation, central heating radiator as well as a large storage area.
First Floor - Dining Room - 4.366 x 3.158 (14'3" x 10'4") - With sliding doors from the lounge, central heating radiator and upvc double glazed window to rear.
Lounge - 4.128 x 3.113 (13'6" x 10'2") - Having feature fireplace housing electric fire. central heating radiator and upvc double glazed window to rear.
Kitchen - 3.886 x 2.244 (12'8" x 7'4") - Fitted with a range of white wall and base units having contrasting work surfaces over, stainless steel sink unit with mixer tap, slot for electric oven, plumbing for washing machine, space for fridge freezer, tiled splash backs , central heating radiator, upvc double glazed window to side and rear entrance door.
Separate Wc - Fitted with a wash hand basin, wc and pvc panelling to walls. Wet Room - A good sized walk in wet room to the second floor having open shower with mains shower and curtain.
wc, wash hand basin and central heating radiator. Second Floor - Landing - Connecting bedroom two and three.
Bedroom Two - 4.140 x 4.450 (13'6" x 14'7") - With central heating radiator and upvc double glazed window to front.
Bedroom Three - 4.158 x 3.141 (13'7" x 10'3") - Having central heating radiator, wall mounted gas boiler. fitted wardrobes and upvc double glazed window to rear.
Exterior - Externally to the rear is an enclosed yard.
Energy Performance Certificate - To view the full Energy Performance Certificate please use the following link: Grade D Other General Information - Tenure: Freehold Gas and Electricity: Mains Sewerage and water: Mains Broadband: Superfast Highest available download speed 80 Mbps Highest available upload speed 20 Mbps Mobile Signal/coverage: We would recommend speaking to your provider Council Tax: Durham County Council, Band: A.
Annual price: £1,682.44 (Maximum 2024) Energy Performance Certificate Grade D Mining Area: This property is located in an area of historical mining works, a mining search is recommended.
This can be done via a solicitor as part of Conveyancing. Flood Risk: Very low risk of surface water flooding and flooding from the rivers and the sea.
This property has been vacant for a number of months, additional council tax charges may be payable upon completion.
Council Tax Band: A Tenure: Freehold Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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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 Ironworks Road, Tow Law, Bishop Auckland, Durham, DL13 4AJ
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