2-bedroom bungalow · DH1 1LY
Sold STCListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with Vacant Possession and No Forward Chain, this extended and significantly improved semi-detached bungalow provides ready-to-move-into accommodation, complete with off-street parking, a garage, and an enclosed rear garden.
Pleasantly positioned on a popular residential estate in Carrville, the property offers spacious and well-presented accommodation throughout.
Decorated in neutral tones, the home briefly comprises a fitted kitchen featuring timeless white wall and base units, contrasting work surfaces, and integrated cooking appliances.
The lounge benefits from a large bay window that fills the room with natural light, along with a feature fireplace incorporating an electric fire.
The principal bedroom is a generous double room overlooking the rear garden, while the contemporary shower room is fitted with a modern suite comprising a walk-in shower cubicle with rainfall shower, WC, wash hand basin, and built-in storage units.
Bedroom Two has been extended and is currently utilised as a dining area, with sliding patio doors opening into the conservatory, creating an ideal additional reception space.
Externally, a sweeping driveway provides off-street parking for several vehicles and leads to the attached single garage, which benefits from an electric roller shutter door and a glazed PVC door giving access to the rear garden.
The enclosed rear garden features lawned and patio areas together with planted borders. Further benefits include gas central heating and double glazing throughout.
Grinstead Way is conveniently located for access to local shops, schools, and everyday amenities within Carrville and nearby Belmont.
More comprehensive shopping, leisure, and recreational facilities are available in Durham City Centre, approximately three miles away.
The area is also ideal for commuters, being situated just off the A690 Durham to Sunderland Highway, which provides easy access to the A1(M) motorway for travel both north and south.
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 – B Tenure – Freehold PART B Property Type – Semi-Detached Bungalow 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 Gas Supply- Mains Electricity supply – Mains Water Supply – Mains (metered) Sewerage – Mains Heating – Gas fired central heating via radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking- Garage, off-street parking, on-street parking (no permit) 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 – Covenants which affect the property are contained within the Land Registry Title Register which is available for inspection.
Selective licencing area – No Article 4 Planning Restricted area – the property is subject to Article 4 Direction Conservation Area – N/A Rights & Easements- None Flood risk – Rivers and seas: Very Low / Surface water: Very Low Coastal Erosion – N/A Protected Trees - NA Planning Permission – There are no current planning applications in the locality that we are aware of.
Or planning details that are known Accessibility/Adaptations – The property has not been altered for accessibility Mining Area – Coal Mining Reporting Area, further searches may be required.
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 £30 (inc VAT) administration fee per individual purchaser, for 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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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
Agent & docs
FAQ
About Grinstead Way, Carrville, Durham, DH1
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