Modern Method of Auction
Auction date not yet published
3-bedroom terraced house · DH6 2SN
For saleListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in a desirable residential area, this terraced house boasts three well-appointed bedrooms, making it an ideal family home.
The property features a large garden to the rear and a courtyard to the rear. The interior is spacious and bright, kitchen and a large living room, offering a comfortable living space for residents.
Situated in a convenient location with easy access to local amenities, schools, and transport links, this property is perfect for those seeking an Investment opportunity or an affordable starter home.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken.
Any payment that will be received by the Agent or Auctioneer will be confirmed to you in writing before services are taken. Services are optional.
Kitchen TBC - Tiled Flooring, UPVC Window, UPVC Door, Dining Room 3.56m x 3.48m Boiler, UPVC Window, Radiator. Reception Room 3.09m x 4.42m UPVC Bay Window, Radiator.
Bedroom 1 3.73m x 3.43m UPVC Window, Radiator. Bedroom 2 3.28m x 3.57m UPVC Window, Radiator.
Bathroom 2.1m x 2.23m Washbasin with Chrome Mixer Tap, Bath with Chrome Mixer Tap, Towel Radiator, Toilet, UPVC Window. Bedroom 3 2.83m x 1.92m UPVC Window, Radiator.
Material Information The following information should be read and considered by any potential buyers prior to making a transactional decision: SERVICES We are advised by the seller that the property has mains provided gas, electricity, water and drainage.
WATER METER - TBC PARKING ARRANGEMENTS - On-Street BROADBAND SPEED The maximum speed for broadband in this area is shown by imputing the postcode at the following link here > ELECTRIC CAR CHARGER - No Disclaimer Your home is at risk if you do not keep up repayments on your mortgage or other loans secured on it.
MORTGAGE ADVICE It is now a legal requirement under the Estate Agents Act 1991, to establish what mortgage, if any, is required and to confirm the applicants ability to obtain this finance.
If you need any help or advice over obtaining a mortgage, our mortgage department will be pleased to help and advise you on all Building Society or Bank mortgages without obligation.
This service is available even if you are not buying via ourselves. Written quotations available on request. There is no charge for this service.
Please note that all sizes have been measured with an electronic measuring tape and are approximations only.
Under the terms of the property miss-descriptions act we are obliged to point out that none of the services described in these particulars have been tested by ourselves.
We present these details of the property in good faith and they were accurate (truncated)
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Matthews Crescent, South Hetton, County Durham, DH6
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