2-bedroom house · DL14 7NB
Listing removedListed 77 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Traditional two bed terrace located on Salisbury Place in Bishop Auckland which has the benefit of on street parking and a large enclosed yard.
Situated just a short distance from the town centre which locates a range of amenities including supermarkets, retail stores, high street shops and schools.
There is an extensive public transport system in the area allowing for regular access to neighbouring towns and villages.
In brief this property comprises; entrance hallway leading to living room, dining room and kitchen to the ground floor whilst the first floor accommodates the master bedroom, second bedroom and bathroom.
Externally to the front is an open landscaped garden and on street parking available, whilst to the rear is the large enclosed yard.
Living Room (3.5 x 3.77) Spacious and bright living room located to the front of the property, benefiting from neutral décor, ample space for free standing furniture and window to the front elevation providing plenty of natural light.
Dining Room (3.6 x 4.28) The second reception room is another great size with space for a dining table and chairs, further furniture and access into the kitchen.
Kitchen (1.9 x 3.3) The kitchen contains a range of modern grey wall, base and drawer units, complimenting work surfaces, tiled splash backs and sink/drainer unit.
Benefiting from an integrated oven, hob, overhead extractor hood and fridge/freezer.
Utility Room (1.42 x 1.72) The utility area provides space for a washing machine and dryer and additional storage space.
Master Bedroom (3.75 x 4.6) The master bedroom is a generous double bedroom with room for a king sized bed further furniture and window to the front elevation.
Bedroom Two (2.83 x 4.3) The second bedroom is another double bedroom with built in storage cupboard and window to the rear elevation.
Bathroom (1.88 x 3.38) The bathroom has been fitted with a contemporary new bathroom suite containing a panelled bath with overhead shower, WC and wash hand basin.
Loft (2.5 x 4.6) The attic space is accessed via a pull down ladder and is fully boarded for additional storage.
Outdoor Space There is a well maintained enclosed yard to the rear with gated access into the back lane.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 19, Salisbury Place, Bishop Auckland
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