2 bedroom terraced house for sale

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24% Below Online Value - Vacant 2 Bed Terrace - Video Inspection Available

19 Arthur Street, Chilton, Durham, DL17 0PZ

Fixed Price: £39,999

A freehold two-bedroom terraced house offered at a fixed price, presenting a potential below-market-value (BMV) investment opportunity. The property is currently vacant, is understood to be suitable for re-letting, and rental guidance suggests approximately £495 per calendar month when presented to the open market. A video inspection link is available.

Below Market Value (BMV) Snapshot

This opportunity is marketed on a BMV basis, using the online valuation figure provided:

Fixed Price: £39,999

Estimated Market Value (Online Valuation Tool – Guidance Only): £52,000

Indicative “Instant Equity” (Guide): £12,001

BMV Position (Guide): circa 24% below the online valuation

Rental Yield: 12%

All valuation figures are provided for guidance only and should be independently verified by the buyer (e.g., surveyor, comparable evidence, lender valuation).

Investment Summary

Bedrooms: 2

Bathrooms: 1

Tenure: Freehold

Property Type: Terraced house

Council Tax Band: A

Heating: Gas central heating

Status: Vacant

Stamp Duty: NIL (as provided)

Rental Figures (Guidance)

Provided for guidance based on a full market re-let at the current rate:

Rent Level (PCM): £495

Management Fee (12% + VAT): £71.28

Rent After Management: £423.72 PCM

Yield Stated (Guide): 12%

Rental figures and yield are guidance only and will depend on condition, compliance status, market demand and final specification.

Fees & Charges (Buyer to Note)

A sourcing fee is payable via AMRP Buy To Let Advisory Services Limited:

Sourcing Fee: £2,500 Total

Paid as:

£60 payable to Lifetime Legal at point of offer accepted (to fund legally required AML, Proof and Source of Funds checks)

£2,440 payable on completion (processed by the buyer’s solicitor as a disbursement on completion)

Total Fee Payable: £2,500

Please confirm whether the sourcing fee is inclusive or exclusive of VAT before publishing.

Compliance & Documentation (Dates Provided)

Gas Certificate Expiry: 23/07/2026

EICR Expiry Date: 14/05/2026

EPC: Not provided – required for portal publication (see compliance list below)

Video Inspection

Video inspection link:

Date of Visit: 04/11/2024

Important Notes & Disclosures

These particulars are intended as a guide and do not constitute an offer or contract.

Buyers should satisfy themselves on all matters including tenure, condition, compliance, suitability, and investment performance.

Valuation, “instant equity”, yield and rental figures are illustrative guidance only and must be independently verified.

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AMRP is pleased to bring to the market this substantial three-bed family home based in a popular location in Hartlepool, Teesside.

The property requires modest and minimal works to return it to a position where it can be reletted and is expected to achieve a rental of £625 per calendar month. The owners are inviting offers around the £62,500 mark.

AMRP sourcing fee would be £2,500. However, on the market’s online valuation tool, the property is estimated to be worth £77,000, so there’s a great opportunity to access a property with instant equity here, as well as strong future rental demand in this location.