2-bedroom flat · DL15 9HH
For saleListed 248 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A great opportunity to acquire a first-floor flat on Wesley Street offers a delightful living experience in a vibrant town setting.
Spanning an impressive 861 square feet, the property boasts a spacious layout that is both practical and inviting.
Upon entering, you will find a well-appointed lounge that serves as the perfect space for relaxation or entertaining guests.
The flat features two comfortable bedrooms, providing ample room for a small family or professionals seeking a peaceful retreat.
The kitchen is functional and ready for your culinary adventures, while the bathroom is conveniently located to serve the needs of the household.
One of the standout features of this property is the rear garden, which offers a private outdoor space for enjoying the fresh air or tending to your plants.
The flat is equipped with gas central heating, ensuring warmth and comfort throughout the colder months.
This property is chain-free, making it an ideal choice for those looking to move in without delay.
Additionally, it presents a fantastic opportunity for buy-to-let investors, given its central location and spacious design.
With its blend of comfort, convenience, and potential, this flat on Wesley Street is a must-see for anyone looking to make a wise investment or find a lovely home in Crook.
First Floor Apartment First Floor With upvc double glazed front door and stairs leading to first floor.
Kitchen (3.841 x 3.777 (12'7" x 12'4")) Fitted with base units with contrasting work surfaces, integrated electric oven and hob, stainless steel sink unit, central heating radiator, plumbing for automatic machine and window to rear.
Bathroom/Wc Fitted with a panelled bath having shower over, wc, wash hand basin set to vanity unit Bedroom One (3.841 x 3.615 (12'7" x 11'10")) Having two stoarge cupboards one housing the gas boiler, central heating radiator and window to rear.
Bedroom Two (4.604 x 3.928 (15'1" x 12'10")) Having central heating radiator and upvc double glazed window to front.
Lounge (5.670 x 4.342 (18'7" x 14'2")) Feature fireplace (no fire) central heating radiator and upvc double front. Externally To the rear is an enclosed garden.
Agents Note We understand a new leasehold title will be provided on this property. This is to be dealt with by the sellers solicitor through the conveyancing process.
It is our understanding this will be 125 year lease.
Agents Note Garden We understand the rear garden that is visible at the moment is going to be divided into two areas for both dwellings, 1a Wesley Street and 1 Wesley Street.
Other General Information Tenure: Leasehold Gas and Electricity: Mains Sewerage and water: Mains Broadband: Ultrafast Highest available download speed 1800 Mbps Highest available upload speed 220 Mbps Mobile Signal/coverage: We would recommend speaking to your provider Council Tax: Durham County Council, Band: A.
Annual price: £1,624.04 (Maximum 2024) 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 and flooding from the rivers and the sea.
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
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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.
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FAQ
About 1A, Wesley Street, Crook
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