2-bedroom house · DL13 5LP
Listing removedListed 175 days
Opportunity summary
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About
Beautifully presented, two bedroomed stone built cottage with loft conversion on Copley Lane on the outskirts of Butterknowle.
The property benefits from being extended to the rear along with a rear garden, solid fuel heating system and surrounding countryside views.
The nearby village of Butterknowle has local amenities available such as; a doctors surgery, two pubs, post office and primary school, while the neighbouring towns of Bishop Auckland and Barnard Castle provide access to further amenities such as supermarkets, cafés, restaurants, healthcare services and both primary and secondary schools.
The nearby A688 and the A68 lead to the A1(M) both North and South, ideal for commuters, whilst there is also an extensive public transport system through the villages allowing for access to the neighbouring towns.
In brief the property comprises; an entrance hall leading into the living room, dining room and modern kitchen to the ground floor.
The first floor contains the master bedroom, second bedroom and family bathroom.
Stairs in the master bedroom lead up to the loft conversion, which is a multi-functional room able to be used as a games room, home cinema room, home office or as additional storage.
Externally the property has on street parking available to the front, whilst to the rear there is an enclosed low maintenance garden with space for outdoor furniture enjoying countryside views to the rear, along with an outhouse and additional storage shed measuring 12ft x 10ft providing additional storage and log store.
Living Room (4.16m x 3.43m (13'7" x 11'3")) Beautifully presented living room located to the front of the property, benefiting from neutral decor, ample space for furniture, multi fuel stove and open plan leading into the dining room.
Dining Room (5.0m x 3.35m (16'4" x 10'11")) The dining room is another good size reception room, under stairs storage, with space for a table and chairs, further furniture and access leading into the kitchen.
Kitchen (5.54m x 2.4m (18'2" x 7'10")) The kitchen is fitted with a range of modern wall, base and drawer units, plinth heaters, complementing work surfaces, tiled splash backs and ceramic sink/drainer.
Benefitting from an integrated double oven, induction hob, overhead extractor, dishwasher and washing machine.
Master Bedroom (4.2m x 3.5m (13'9" x 11'5")) The master bedroom is a large double bedroom with space for a king sized bed, further furniture and window to the front elevation.
Stairs lead up to the loft conversion. Bedroom Two (3.4m x 3.16m (11'1" x 10'4")) The second bedroom is another spacious double bedroom with window to the rear elevation.
Bathroom (2.3m x 1.92 (7'6" x 6'3")) The bathroom is fitted with a corner shower cubicle with Mira electric shower, bath, WC and wash basin.
Loft Conversion (4.9m x 4.2m (16'0" x 13'9")) This room is a great additional space, which can be utilised as a home office or play room. Skylight to the rear elevation.
External Externally the property has on street parking available to the front, whilst to the rear there is an enclosed low maintenance garden with space for outdoor furniture enjoying countryside views to the rear, along with an outhouse and additional storage shed measuring 12ft x 10ft providing additional storage and log store.
Value & comps
No previous sales on record.
Returns
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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.
Area
Agent & docs
FAQ
About 20, Copley Lane, Bishop Auckland
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