2-bedroom terraced house · DL14 0EX
Sold STCListed 96 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally suited to first-time buyers and people seeking a second home or holiday let, this mid-terraced home is sure to impress.
It has a lovely, "Homely" feel to it, which is apparent the moment you step through the door.
The accommodation is traditionally laid out and comprises of a small entrance vestibule, living room which is arranged around the fireplace focal point, kitchen with space for a dining table and wonderful views to the rear over the fields for quite a distance.
Going up to the first floor, there are two well-presented bedrooms, both having great views and a bathroom made up of a three-piece suite in white. The bath having a mains fed shower above it.
The rear of the house has an enclosed yard - It has been fenced for privacy, and has an outside tap along with external power points for running a hot tub on the deck.
The property can be accessed to the rear via the alleyway to the side (Pictured), which also provides access for neighbouring homes for putting bins out and such.
Some neighbouring properties have a right to pass through the rear yard, however the current owners have used fencing to create an alley way.
Low Etherley is a pleasant village, well located in a semi-rural position, not far from Bishop Auckland town centre with its many amenities, but also a short drive from the Tindale retail park which boasts a wealth of shops and facilities.
This is a lovely home and one that should be viewed to appreciate the opportunity that is on offer.
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 – A Tenure – Freehold PART B Property Type – Mid Terrace Property Construction – Stone and render Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken being the maximum dimensions available between internal walls Electricity supply – Mains Water Supply - Mains Sewerage – Mains Heating - Mains gas fired boiler with radiators and stove in living room 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 - None Rights & Easements- Rights are noted on the title documents Article 4 Planning Restricted area – the property is subject to Article 4 Direction Flood risk – very low Coastal Erosion - NA Protected Trees – No Conservation area – no Planning Permission – no Accessibility – The property has not been altered for accessibility Mining Area – yes Selective License Area – no Included/excluded from the sale - Light fitting in living room will be removed, blinds will be left 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 £35 (inc VAT) administration fee per individual purchaser, for these checks
Value & comps
No previous sales on record.
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 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
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FAQ
About Low Etherley, Bishop Auckland, County Durham, DL14
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