2-bedroom terraced house · DL14 8AY
Sold STCListed 211 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Robinsons are delighted to present to the market this unique and well-presented two-bedroom cottage-style property, situated on a popular residential street in the heart of the semi-rural village of Binchester.
This charming home is sure to appeal to a wide range of buyers, including first-time purchasers and investors.
The property offers an array of appealing features, including attractive outlooks to both the front and rear, spacious living accommodation, a fitted kitchen, a separate dining room, two well-proportioned bedrooms, a useful home office, and a family bathroom.
Given the quality of the home on offer, early viewing is strongly recommended to avoid disappointment, as properties of this standard rarely come to the market.
In brief, the accommodation comprises an entrance hall, a spacious lounge, a separate dining room, a fitted kitchen, and a ground-floor WC.
To the first floor there are two good-sized bedrooms, a home office, and a well-presented family bathroom.
Externally, the front elevation features an easy-to-maintain patio area which, subject to the correct planning consents, could be converted into a driveway.
To the rear, there is a large enclosed garden. EPC Rating: D Council Tax Band: A Hallway - Wood effect flooring, radiator, stairs to first floor.
Lounge - 4.04m x 3.89m max points (13'3 x 12'9 max points - Stunning electric fire and surround, Upvc window, radiator Dining Room - 4.32m x 3.18m max point (14'2 x 10'5 max point ) - Upvc window, radiator Kitchen - 4.29m x 1.85m (14'1 x 6'1 ) - Wall and base units, stainless steel sink with drainer, tiled splash backs, Upvc window, radiator, plumbed for washing machine, electric cooker point and storage cupboard.
Rear Lobby - Access to W/C W/C - W/C, Upvc window, radiator Landing - Loft Access Bedroom One - 4.32m x 3.18m max points (14'2 x 10'5 max points - Upvc window, radiator, airing cupboard.
Bedroom Two - 3.96m x 2.59m max points (13'0 x 8'6 max points ) - Upvc window, radiator Home Office - Radiator.
Bathroom - 2.54m x 1.83m (8'4 x 6'0 ) - panelled bath with shower over, wash hand basin, wash hand basin, W/C Upvc window, radiator, tiled splash backs.
Externally - To front elevation is a good sized patio area which with the correct planning would make a great driveway, while to the rear there is a large enclosed garden.
Agents Notes - Council Tax: Durham County Council, Band A Tenure: Freehold Property Construction – Stone Number & Types of Rooms – Please refer to the details and floorplan, all measurements are for guidance only Electricity supply – Mains Water Supply – Mains Sewerage – Mains Heating – Gas Central Heating Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – 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 – covenants which affect the property are within the Land Registry Title Register which is available for inspection. Selective licencing area – Yes Probate –Yes - Granted.
Rights & Easements – None known Flood risk – refer to the Gov website - Coastal Erosion – refer to the Gov website - Protected Trees – None known Planning Permission – Nothing in the local area to affect this property that we are aware of.
Accessibility/Adaptations – stair access only, no lift Mining Area – Coal Mining Reporting Area, further searches may be required by your legal representative.
Disclaimer: Our details have been compiled in good faith using publicly available sources and information obtained from the vendor prior to marketing.
Verification and clarification of this information, along with any further details concerning Material Information parts A, B & C, should be sought from a legal representative or appropriate authorities before making any financial commitments.
Robinsons cannot accept liability for any information provided subsequent amendments or unintentional errors or omissions.
HMRC Compliance requires all estate agents to carry out identity checks on their customers, including buyers once their offer has been accepted.
These checks must be completed for each purchaser who will become a legal owner of the property. An administration fee of £30 (inc. VAT) per individual purchaser applies for carrying out these checks.
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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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.
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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.
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About Granville Terrace, Binchester, Bishop Auckland
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