2-bedroom terraced house · DH7 9SR
Listing removedListed 147 daysAuction 30 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For Sale By Auction 30 June 2026 LIVE ONLINE AUCTION.
Requiring considerable modernisation and updating, we offer this two bedroomed mid terraced house with double glazing, electric central heating and solar panels.
The property itself has accommodation comprising: entrance lobby with stairs to the first floor, lounge with window to front and electric radiator, kitchen with a range of floor and wall units with inset stainless steel sink drainer unit, electric cooker point, plumbing and space for washing machine, space for freestanding fridge freezer, two windows to rear and door to the rear yard.
To the first floor there is the landing, bedroom 1 with window to front and over stairs storage cupboard, bedroom 2 and a bathroom with suite comprising low level wc, wash hand basin and panelled bath with electric wall mounted shower over.
Externally there is a small garden to the front and a courtyard garden to the rear.
There is a range of local shops and amenities available within Langley Park, with a more comprehensive range of shopping and recreational facilities and amenities available within Durham City Centre, which is approximately 6 miles away.
Langley Park lies adjacent to the A691 Highway, which provides access to other regional centres.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – A Tenure – Freehold PART B Property Type – Terraced Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Gas Supply- None Electricity supply – Mains Water Supply – Mains (metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- on street PART C Building Safety – (The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm) Restrictions – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – no Article 4 Planning Restricted area – the property is subject to Article 4 Direction Rights & Easements- None Flood risk – Rivers and seas: very low Surface water: very low Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £30 (inc VAT) administration fee per individual purchaser, for these checks.
Value & comps
No previous sales on record.
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Returns
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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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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 Palm Street, Langley Park, Durham, DH7
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