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See how verdicts work1-bedroom flat · DL15 9HR
For saleReduced £5k (−12.5%) on 26 SepListed 443 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Crook, this charming flat on Commercial Street offers a unique opportunity for both first-time buyers and seasoned investors alike.
Spanning a comfortable 560 square feet, this property features one well-proportioned bedroom, a welcoming reception room, and a modern bathroom, making it an ideal space for those seeking convenience and comfort.
Its prime location in the town centre ensures that residents have easy access to a variety of local shops, cafes, and essential services, enhancing the appeal of this property for anyone looking to immerse themselves in the vibrant community of Crook.
One of the standout features of this flat is its chain-free status, allowing for a smooth and straightforward purchasing process.
Whether you are looking to invest in a rental property or seeking a cosy home for yourself, this flat presents an excellent opportunity.
With its blend of charm, practicality, and a desirable location, this flat on Commercial Street is not to be missed. Arrange a viewing today to fully appreciate all that this property has to offer.
Ground Floor Entrance Porch Front entrance door Entrance Hallway Staircase to the first floor.
Entrance door to First Floor Entrance Landing Central heating radiator Lounge (4.95m x 3.10m (16'03 x 10'02)) UPVC double glazed window to the front elevation, central heating radiator Kitchen/Dining Room (4.57m x 3.61m (15' x 11'10)) With a range of White base units, laminated working surfaces over, inset single drainer sink unit, UPVC double glazed window, integral appliances including electric oven, electric hob, extractor hood over, plumbing and space for washing machine, wall mounted gas boiler, double central heating radiator, loft access and ample space for a dining table as required Bedroom (3.71m x 2.18m (12'02 x 7'02)) UPVC double glazed window to the front elevation, central heating radiator Bathroom/Wc Fitted with a white suite including panelled bath, mains shower over, shower screen, wc, pedestal wash hand basin, tiled floor, opaque UPVC double window and central heating radiator Energy Performance Certificate To view the Energy Performance Certificate for the property please use the following link:- EPC Grade C Other General Information Other General Information Tenure: Leasehold Gas and Electricity: Mains Sewerage and water: Mains Broadband: Ultrafast Broadband available.
Highest available download speed 1800 Mbps. Highest available upload speed 220 Mbps. Mobile Signal/coverage: Likely with O2.
Council Tax: Durham County Council, Band: A Annual price: £1,624.04 (Maximum 2025) Energy Performance Certificate Grade C 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. Very low risk of flooding from rivers and the sea.
This property has been vacant for a number of months, additional council tax charges may be payable upon completion.
Disclaimer The preceding details have been sourced from the seller, and other third parties.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B and C, should be sought from a legal representative or appropriate authorities.
Venture Properties (Crook) Limited cannot accept liability for any information provided.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
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 47a, Commercial Street, Crook
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