Terraced house · DL16 7LE
For saleListed 200 days
Opportunity summary
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About
For sale due to business re location a substantial commercial premises currently used as an accountants office occupying a prominent high street location in an area of mixed commercial and residential properties.
The building itself is maintained in very good order and would be ideal for continued use or possible conversion to residential (subject to permission).
The accommodation which has gas central heating and UPVC double glazing comprises a large entrance/reception, inner hall with bathroom/ WC, two reception rooms and a fully fitted kitchen.
On the first floor are a further four rooms and to the rear are extensive garaging and secure car port area. Entrance Hall/Reception - Has composite entrance door and central heating radiator.
Reception 1 - 5.03mx3.12m (16'6x10'3) - Has bay window and central heating radiator.
Reception 2 - 4.47mx4.42m (14'8x14'6) - Has central heating radiator Kitchen - 4.47mx4.22m (14'8x13'10) - Has range of fitted wall and floor units, laminate work surfaces, built in electric oven, hob and Microwave.
sink unit, plumbing for washing machine and UPVC entrance door. central heating radiator Inner Hall - With staircase leading to first floor.
Bathroom/Wc - Has suite comprising panelled bath, pedestal wash basin, WC and central heating radiator. First Floor - Room 1 - 4.17mx3.86m (13'8x12'8) - With central heating radiator.
Room 2 - 4.78mx2.13m (15'8x7') - with central heating radiator Room 3 - 4.09mx2.90m (13'5x9'6) - Has central heating radiator.
Room 4 - 3.73mx2.13m (12'3x7') - Has central heating radiator Landing - With access to boarded loft.
Outside - To the rear is a covered car port with remote controlled roller shutter door and a large garage (22'10 x 15'2 with remote controlled roller shutter door and mains power and light.
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
About Whitworth Terrace, Spennymoor
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