2-bedroom house · DL14 9QY
Listing removedListed 133 daysAuction 30 Jun · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by Under The Hammer online auction on Tuesday 30th June 2026. Head over to our website to download the legal pack, register to bid and see more information.
A Vacant Freehold 2 bedroom Terraced Property, offering an excellent opportunity for investors, developers, or owner-occupiers seeking a renovation project with significant scope to add value.
The property requires renovation throughout and presents a blank canvas for refurbishment and modernisation.
Once improved, the property has the potential to make an attractive home or rental investment, benefiting from the continued demand for affordable housing within the area.
The property is situated in the village of Evenwood, near Bishop Auckland, County Durham.
The village offers a range of everyday amenities including local shops, schools, and recreational facilities, while the larger market town of Bishop Auckland provides an extensive selection of retail, leisure, and dining options.
The area benefits from good transport links to Durham, Darlington, and Newcastle via the A68 and A1(M), making it a convenient location for commuters and residents alike.
Block viewings are available on this property, ensure you've confirmed your attendance on our website before arriving.
viewing days & time Thursday 18th June 2026: 1pm Saturday 27th June 2026: 11am Here's what to do next Visit - Our website and view the auction terms.
View - Book a viewing directly through our website. Register - Get registered prior to the auction opening date. Legal Pack - Download and view the legal pack to find out all the relevant information.
Prior Auction Offer - Want it now? Submit a prior auction offer through our website. All offer's go direct to the seller.
Bidding - Everything is completed online through the website and the intuitive bidding controls.
If you would like your property to go into our next auction then contact our auction experts on or submit a valuation on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 advisors 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
Agent & docs
FAQ
About 11 Chapel Street Evenwood, 11 Chapel Street Evenwood, Bishop Auckland
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