2-bedroom terraced house · DL14 6HG
Sold STCListed 50 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A mid terraced house offered for sale with no onward chain - Ideally suited to a wide selection on buyers.
Whilst it would benefit from cosmetic updating, it has been well maintained by our sellers during their many years of ownership.
The accommodation comprises of an entrance hallway, separate living room facing the front of the house, then a second reception room at the rear used currently as a lounge.
the kitchen is galley style and located at the rear of the property featuring a selection of units for storage and space for free standing appliances.
On the first floor there are two double bedrooms - the master featuring fitted wardrobes.
the house bathroom completes the lay out and this comprises of a coloured three piece suite made up of sink, toilet and bath with electric shower above.
Externally to the rear of the house there is an enclosed yard with a store.
The property is ideally situated for local amenities as it is located on Waddington street, just off Cocktion Hill road with a broad range of schools, shopping and recreational facilities within close proximity.
The A68 and A1 (M) are within easy reach offering excellent transport links to neighbouring towns and major commercial centres of the North East.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and National Trading Standards Estate and Letting Agency Team’s Material information in property listings Guidance PART A Local Authority – Durham County Council Council Tax Band – A Tenure – Freehold - The property is not currently registered however this has been confirmed by a solicitor PART B Property Type – Mid Terrace Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains un metered Sewerage – Mains Heating - gas fired boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Broadband – The property currently has no broadband connection; however, we have been informed that both traditional and Virgin Media cabling are available in the street.
Further information can be found via the Ofcom broadband checker– Parking: on street, no permit is required PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engages the services of a chartered surveyor to confirm Restrictions - none Rights & Easements- The property is subject to covenants.
The seller's solicitor has advised that these should be reviewed by the purchaser's conveyancer.
Further details have not been made available to the selling agent Article 4 Planning Restricted area – the property is subject to Article 4 Direction Flood risk – surface water - low Coastal Erosion - NA Protected Trees – no Conservation area – no Planning Permission – no Accessibility – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area; further searches may be required Selective License Area – yes Included/excluded from the sale - Free standing cooker, curtain and blinds will be left by the sellers This property is affected by probate however this has been granted.
No other Material Information disclosures have been made by the vendor.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor prior to marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgement on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please do seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, this includes buyers when their offer is accepted.
This must be completed, per purchaser, who in the transaction will result in being the legal owner(s) of the property.
There is a £35 (ink VAT) administration fee per individual purchaser, for these checks
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.
Area
Agent & docs
FAQ
About Waddington Street, Bishop Auckland, County Durham, DL14
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