3-bedroom terraced house · DH1 2PT
Listing removedListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rarely does the opportunity arise to purchase such an impressive fully renovated three bedroomed mid terraced cottage which has been lovingly restored and improved by our clients during their ownership.
Situated in the ever popular location of High Shincliffe, the property is accessed via an entrance lobby with stairs to the first floor, lounge with large window to front, alcove fitted cupboards on either side of the chimneybreast and under stairs storage recess, opening through to the open plan kitchen/diner with a modern range of floor and wall units, butcher block worktops with inset one and a half bowl sink drainer unit, space for Range cooker with extractor fan over, integrated fridge, freezer and slimline dishwasher, door opening through to the utility area with plumbing and space for washing machine and tumble dryer and a stable door gives access to the rear garden, and a bathroom with a low level wc, wash hand basin on a wooden stand and a bath with shower over, large storage cupboard housing a combi boiler and heated towel rail.
To the first floor there is a landing with access into loft space with pull down ladder, the main bedroom has an attractive outlook to the front over Avenue Street and onto open farmland and a useful cupboard with concertina door which houses a home work station and there is an en suite shower room with a suite comprising low level wc, wash hand basin with cupboard under, walk in shower cubicle with mains fed wall mounted shower over and tiled walls.
There are two further bedrooms, one of which is currently utilised as a dressing room.
Externally to the front there is a small garden area, while the rear garden over the back lane is astro turfed for easy maintenance with bark chipping flowerbeds, a decked area for seating and a freestanding shed, all accessed via double gates.
All in all the property has to be viewed to appreciate all that it has to offer. High Shincliffe is an extremely popular residential location with a well-respected infant and junior school.
It is well placed for access to Durham City Centre, less than three miles distant.
It is adjacent to the A(177) Highway, which in turn offers access to the A1(M) Motorway Interchange at Bowburn, which is also two miles away, providing good road links to the 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 – Mid Terraced 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 (not 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- on street 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.
Some of the fixtures and fittings could be available subject to separate negotiation. There is a warranty on the double glazing. 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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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 Avenue Street, High Shincliffe, Durham, DH1
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