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See how verdicts work4-bedroom house · DH8 5HX
Listing removedReduced £5k (−3.8%) on 20 AugListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Occupying a prominent position on Medomsley Road, this substantial four-bedroom end-terraced property presents a rare opportunity for buyers seeking a spacious home with the chance to create something truly special.
Formerly a residential property and more recently used as commercial premises, the property could be easily returned to a generous family home, subject to any necessary consents.
Set across three floors, the accommodation already lends itself well to residential living.
To the ground floor, there are two generous reception rooms that would make excellent living and dining spaces.
To the rear is a further reception room, which was formerly the kitchen and could be reinstated with ease to create a spacious family kitchen overlooking the rear of the property.
The original garage has been thoughtfully converted to provide a practical utility room and downstairs WC, while the garage door has been retained, offering useful external access and additional storage options if desired.
The upper floors require very little alteration, with the first floor offering two well-proportioned bedrooms and a family bathroom, as well as separate shower room.
While the second floor provides two further spacious bedrooms, making it an ideal layout for growing families.
The property has been well maintained structurally and benefits from a recently replaced roof.
Whilst some updating may be desired to suit modern tastes, the work is largely cosmetic, offering purchasers the opportunity to create a home tailored to their own style.
Located within easy reach of Consett town centre, local schools, shops and transport links, this property represents an exciting opportunity for families, developers or investors looking to unlock the potential of a substantial period home.
Properties offering this level of space and versatility rarely become available.
Early viewing is highly recommended to appreciate the scale of the accommodation and the fantastic opportunity on offer.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. COS260205/8
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 194, Medomsley Road, Durham
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