Affordable three-bed mid-terrace with refurbishment potential and reliable heating..
Three bedrooms and two receptions offering flexible accommodation
Freehold Victorian mid-terrace with period red-brick exterior
Gas central heating and UPVC double glazing already installed
EPC D — opportunity to improve energy efficiency and value
Solid brick walls likely uninsulated; insulation upgrade needed
Single bathroom and small rooms restrict family market appeal
Small rear yard; on-street parking only
Area: high deprivation and above-average crime — affects yields
A solid Victorian mid-terrace offered at a budget price, this three-bedroom property presents clear rental or refurbishment upside for investors. The house has practical basics in place — gas central heating, UPVC double glazing and two reception rooms — reducing immediate expenditure while you plan improvements.
The layout is conventional and straightforward: living room, second reception, kitchen and rear yard to the ground floor, with three bedrooms and a family bathroom upstairs. The property is freehold with an EPC rating of D and a compact plot, making it manageable to refurbish for buy-to-let or a light renovation flip.
Location is mixed: Coundon is a small town fringe with good local transport links to Bishop Auckland, nearby schools and amenities. Be aware the wider area scores high on deprivation measures and crime is above average; these factors affect tenant demand, yields and long-term capital growth prospects.
Practical considerations: the brick walls are likely uninsulated, rooms are modest in size and the interior requires modernisation to attract higher rents or sale values. On-street parking only and a single bathroom may limit appeal to larger families but suit single tenants or couples seeking affordable homes.
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