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See how verdicts work2-bedroom terraced house · DL17 8NQ
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroomed, mid terraced property located on Hackworth Street in Ferryhill.
Ideal for investors the property is sold with tenants in situ, it is located with easy access to a range of local amenities within the village such as; supermarkets, retail stores, cafés and schools.
Nearby towns Bishop Auckland and Durham offer a more extensive array of amenities such as healthcare services, the University, colleges, popular high street stores and train stations.
Nearby locates the A1 (M) both North and South, there is also an extensive public transport system in the area, ideal for commuters.
In brief the property comprises; an entrance hall leading into the living room, dining room and kitchen to the ground floor.
Whilst the first floor contains the master bedroom, second bedroom and bathroom.
Externally the property has on street parking to the front, to the rear there is an enclosed yard with gated access into the rear lane.
Living Room (3.87m x 3.6m (12'8" x 11'9")) Bright and spacious living room located to the front of the property with ample space for furniture.
Kitchen (4.91m x 4.29m (16'1" x 14'0")) The kitchen is fitted with a modern range of wall, base and drawer units, contrasting work surfaces, splash backs and sink/drainer unit.
Space is available for free standing appliances. Utility Room (2.65m x 2.1m (8'8" x 6'10")) The utility room provides additional storage space.
Master Bedroom (3.9m x 3.62m (12'9" x 11'10")) The master bedroom is a large double bedroom with window to the front elevation.
Bedroom Two (4.33m x 2.81 (14'2" x 9'2")) The second bedroom is another good size double bedroom with window to the rear elevation.
Bathroom (2.44m x 1.96m (8'0" x 6'5")) The bathroom is fitted with a WC, wash hand basin and panelled bath with overhead shower.
External Externally the property has on street parking to the front, to the rear there is an enclosed yard with gated access into the rear lane.
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
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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
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FAQ
About 11, Hackworth Street, Ferryhill
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