14 Tivoli Place, Bishop Auckland, County Durham, DL14 6AU

Description

A mid-terraced house with two-bedrooms. The accommodation comprises, a living room, a dining room, a kitchen, two-bedrooms and a bathroom. Externally, there is a yard to the rear and street parking available. The property is well located for all amenities and the nearby train station. The total approximate floor area, taken from the EPC is 73m2 and the energy rating is D.

Accommodation

Living room, dining room, kitchen, two bedrooms and bathroom.

Location

Well located for all amenities and the nearby train station.

Tenure / Property Information

Investment Analysis

Five same-street freehold terraced comparables range from £48,000 to £50,000, with the most recent at £48,500 on 29 May 2026. A base GDV of £50,000 is supported, although the subject’s condition and exact specification are not evidenced. The £30,000 guide represents a substantial discount to the comparable sales.

Investment Snapshot

Strategy Recommendation

Potentially pursue as a low-cost BTL, subject to inspection, legal-pack review and confirmation that approximately £300 pcm rent is achievable. BRRR may be attractive on the supplied GDV but depends on valuation and lending; avoid bidding without pricing unknown fees and condition risk.

Works Required

No specific defects or refurbishment requirements are evidenced. Allow for inspection, compliance checks and any routine works identified during due diligence; no refurbishment allowance has been included in the calculations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £50,000 base GDV, 75% refinancing indicates £37,500 gross borrowing capacity. Against the £31,200 guide-plus-minimum-premium cost, this indicates £6,300 cash potentially released before finance, tax, valuation and other transaction costs. This is highly dependent on the refinance valuation, lending terms and the property passing lender checks; no refurbishment cost has been evidenced or included.

Buy-to-Let Analysis

Using the single advertised asking rent of £300 pcm, annual rent is £3,600. This equates to 12.00% gross yield on the £30,000 guide and approximately 11.54% on the £31,200 guide plus the £1,200 minimum buyer premium. The rent is asking evidence only and does not establish an achieved passing rent. Maintenance, vacancy, finance, tax, insurance and unknown legal or seller-cost reimbursements are excluded.

Flip Analysis

Buying at the £30,000 guide and applying the £1,200 minimum buyer premium gives a known-cost basis of £31,200 before any other auction, legal, finance or selling costs. Against the £50,000 base GDV, the gross uplift before those costs is £18,800. A reliable flip surplus cannot be established because selling costs, finance costs and other disbursements are not supplied.

Investor Risks & Due Diligence

• The £300 pcm figure is one advertised asking rent, not an achieved or passing rent.

• Property condition is not described, so unforeseen works could materially reduce returns.

• Additional search, legal, transfer, seller-cost reimbursement and other disbursements may apply under the special conditions.

• The £50,000 GDV is an estimate based on comparables and is not a formal valuation.

• Refinance proceeds depend on lender valuation, affordability, loan terms and property acceptability.

• Street parking only is evidenced; no allocated parking is stated.

Recommendation

Potentially pursue as a low-cost BTL, subject to inspection, legal-pack review and confirmation that approximately £300 pcm rent is achievable. BRRR may be attractive on the supplied GDV but depends on valuation and lending; avoid bidding without pricing unknown fees and condition risk.

Strategy Rating

Analysis Confidence

The valuation is supported by five exact-street completed sales, including a recent 2026 transaction, and the guide and buyer premium are clear. Confidence is reduced by the absence of condition, achieved-rent, finance, selling-cost and special-conditions evidence.