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See how verdicts work2-bedroom house · DL5 6PN
Listing removedReduced £10k (−9.1%) on 21 JunListed 187 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroomed cottage for sale by auction on Church View in Heighington. This property was formally a three bedroomed house, converted into a large two bedroomed property with attic room.
It is located in a popular quiet village with access to a range of local amenities, Newton Aycliffe is a short distance away offering access to; supermarkets, schools, retail stores, popular high street stores as well as restaurants and cafes.
The A167 is nearby, ideal for commuters whilst there is also an extensive public transport system via both bus and rail allowing for access to neighbouring towns and villages.
In brief the property comprises; an entrance hall leading into the living room, kitchen, utility room and cloakroom to the ground floor.
The first floor contains the master bedroom, second bedroom and the bathroom. Externally the property has on street parking available.
Living Room (4.1m x 3.71m (13'5" x 12'2")) The living room is located to the front of the property offering plenty of space for furniture with feature fire surround, exposed beam ceilings, neutral decor and window to the front elevation.
Kitchen (4.71m x 2.52m (15'5" x 8'3")) The kitchen is fitted with a range of wall and base unite, complementing work surfaces, tiled splashbacks, integrated electric oven, hob and overhead extractor fan.
Space is available for additional free standing appliances along with a table and chairs.
Utility Room (4.58m x 2.1m (15'0" x 6'10")) The utility room provides additional storage with patio door to the rear. Cloakroom (1.61m x 1.45m (5'3" x 4'9")) Fitted with a wash hand basin and WC.
Master Bedroom (5.2m x 3.6m (17'0" x 11'9")) Generously sized master bedroom with space for a king-sized bed and further furniture, neutral decor and dual aspect windows.
Bedroom Two (2.95m x 2.5m (9'8" x 8'2")) The second bedroom is a large single room with window to the rear elevation.
Bathroom (2.26m x 1.68m (7'4" x 5'6")) The family bathroom is fitted with a panelled bath with overhead shower, WC and wash hand basin.
Auctioneer Comments: This property is for sale by Modern Method of Auction allowing the buyer and seller to complete within a 56 Day Reservation Period.
Interested parties’ personal data will be shared with the Auctioneer (iamsold Ltd). If considering a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided, which you must view before bidding. The buyer is responsible for the Pack fee.
For the most recent information on the Buyer Information Pack fee, please contact the iamsold team.
The buyer signs a Reservation Agreement and makes payment of a Non-Refundable Reservation Fee of 4.5% of the purchase price inc VAT, subject to a minimum of £6,600 inc. VAT.
This Fee is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. The Fee is considered within calculations for stamp duty.
Services may be recommended by the Agent/Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £960 inc. VAT.
These services are optional.
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 advisers 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
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FAQ
About 2A, Church View, Newton Aycliffe
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