2-bedroom flat · DL14 6FH
Listing removedListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern and spacious two bedroomed apartment located in Aintree Drive, Bishop Auckland.
This first floor flat benefits from a recently installed boiler, new fire safety compliant flat door and new ensuite shower. Set within a small development within walking distance to the town centre.
It is located only approx. 0.5miles from the town centre and approx.
1.7miles from Tindale Retail Park, this provides access to a large range of facilities such as supermarkets, primary and secondary schools, healthcare services, contemporary gastropubs, restaurants, popular high street stores as well as an extensive public transport system, which not only provides access to the neighbouring towns and villages but to further afield places such as Darlington, Durham, Newcastle and York.
This property is also great for commuters as it is just off the A688 which leads to the A1 (M) both North and South. Two bedroomed apartment accessed via the communal hallway.
In brief it comprises an entrance hall, open plan kitchen/living room, master bedroom, ensuite, second bedroom and main bathroom. Externally there is an allocated parking bay.
Living Room Spacious and bright main reception room open plan with the kitchen area and providing plenty of space for both living room furniture and a table with chairs.
Kitchen Fitted with a range of wall, drawer and base units, complementing work surfaces, integrated oven and hob as well as further space for appliances.
Master Bedroom The master bedroom is a generous king size with private ensuite shower room. Ensuite Fitted with a low level WC, wash hand basin and shower cubicle.
Bedroom Two The second bedroom is another generous sized room which could be used as a home office or study. Bathroom Fitted with a low level WC, wash hand basin and panelled bath.
External Externally the property has 1 allocated parking bay.
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 23, Aintree Drive, Bishop Auckland
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