2-bedroom house · DL14 7DJ
Listing removedListed 102 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious two bedroom end of terrace property, located on Surtees Street in Bishop Auckland offered to the market to let.
Situated within the heart of the town, it allows easy access to a wide range if local amenities such as supermarkets, shops, banks, schools as well as healthcare and recreational facilities.
Great public transport links are provided by the bus and train station with links to further afield places such as Durham, Newcastle and Darlington.
The A688 is nearby and leads to the A1 (M) both North and South.
In brief the property comprises; the entrance porch which leads through into the living room, dining room and kitchen to the ground floor, The first floor contains the master bedroom, second double bedroom and family bathroom, Externally the property has on street parking available to the front, whilst to the rear there is an enclosed yard with gated access into the back lane.
Living Room (4.39m x 3.9m (14'4" x 12'9")) Spacious living room located to the front of the property, with ample space for furniture, space for a gas fire with feature surround and window to the front elevation.
Dining Room (4.39m x 4.0m (14'4" x 13'1")) The second reception room is another good size, with space for a table and chairs, further furniture and window to the rear elevation.
Kitchen (3.8m x 2.0m (12'5" x 6'6")) The kitchen is fitted with a range of wood effect wall, base and drawer units, contrasting work surfaces, tiled splash backs and sink/drainer unit.
Benefiting from an integrated oven, hob and overhead extractor hood along with further free standing appliances.
Master Bedroom (4.4m x 3.9m (14'5" x 12'9")) The master bedroom is a generous double bedroom, with space for a king sized bed, further furniture and window to the front elevation.
Bedroom Two (3.98m x 2.38m (13'0" x 7'9")) The second bedroom is another large double bedroom with window to the rear elevation.
Bathroom (3.7m x 1.98m (12'1" x 6'5")) The bathroom is fitted with a panelled bath, separate shower cubicle, WC and wash hand basin.
External Externally the property has on street parking available to the front, whilst to the rear there is an enclosed yard 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
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FAQ
About 50, Surtees Street, Bishop Auckland
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