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See how verdicts work2-bedroom terraced house · DL2 3SY
Listing removedListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to purchase a two bedroom mid-terraced cottage requiring complete refurbishment and situated on the edge of the highly sought after village of Piercebridge, moments from the River Tees.
Available with no onward chain. 3 Holme House Cottage is located on the edge of Piercebridge Village with amenities such as a farm shop, cafe and a post office, two public houses and a church.
Barnard Castle 11 miles, Darlington 5 miles, Bishop Auckland 10 miles (all mileage is approximate). For the commuter the A1, A67 and A68 provide links with major commercial centres of the North East.
Darlington main line railway station and Durham Tees Valley International Airport offers further communications with the rest of the country.
Ground Floor - With entrance door to rear entrance porch with doors to utility/pantry and kitchen.
The kitchen has double glazed window to rear elevation, door to staircase to first floor and door to living room.
The living room has a double glazed window to front elevation, fireplace and door to front garden, as well as having a door to the house bathroom and a door through to dining room.
First Floor - With half landing and staircase to first floor and access to both bedrooms.
Externally - Garden - To the front of the property there is a small front garden, mainly laid to patio with gated access.
To the rear of the property there is a small open gravel area and external store. Parking - Communal parking area providing off street parking.
Tenure - The property is believed to be offered freehold with vacant possession on completion. What3words - plot.will.waltzes Local Authority And Council Tax - North Yorkshire Council.
For Council Tax purposes the property is banded B. Particulars - Particulars written in June 2025. Photographs taken in June 2025.
Conditions Of Sale – Anti-Money Laundering - Should a purchaser(s) have an offer accepted on a property marketed by GSC Grays they will need to undertake an identification check.
This is done to meet our obligation under Anti Money Laundering Regulations (AML) and is a legal requirement. We use a specialist third party service to verify your identity.
The cost of these checks is £37.50 plus VAT (£45.00 inc VAT) per buyer, which is paid in advance, when an offer is agreed and prior to a sales memorandum being issued. This charge is non-refundable.
Services And Other Information - Mains electricity and water, drainage to Shared Septic Tank.
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
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 advisers 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
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FAQ
About 3 Holme House Cottages, Piercebridge
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