We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · SR8 2AW
Sold STCReduced £10k (−12.4%) on 7 AugListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Three-Bedroom Terraced Home | No Upper Chain | Ideal First-Time Buy or Investment Pattinson Estate Agents are delighted to offer to the sales market this spacious three-bedroom terraced home, ideally positioned within the heart of Peterlee.
Offered with no upper chain, this property presents an excellent opportunity for first-time buyers, growing families, or investors seeking a well-located home with fantastic potential.
The property also offers an achievable rental income of approximately 675 pcm, making it an attractive buy-to-let investment.
The accommodation briefly comprises an entrance hallway leading into a bright and generously proportioned lounge, providing the perfect space for relaxing or entertaining.
The fitted kitchen offers ample worktop and storage space, while the family bathroom is fitted with a modern white suite.
To the first floor are three well-sized bedrooms, all offering comfortable accommodation with plenty of natural light and flexibility for family living, guest rooms, or those working from home.
Externally, the property benefits from enclosed gardens, creating ideal outdoor space for children, pets, or simply enjoying the warmer months.
Ideally located close to Peterlee town centre, the property enjoys easy access to a wide range of local amenities, including supermarkets, schools, healthcare facilities, leisure amenities, and excellent transport links via the A19, making commuting throughout the North East straightforward.
Whether you're looking for your first home, additional family space, or a ready-made investment opportunity with an estimated rental income of 675 pcm, this property offers excellent value in a popular residential location.
Offered with no upper chain, early viewing is strongly recommended to appreciate the size, location and potential on offer. Contact Pattinson Estate Agents today to arrange your viewing.
Council Tax Band: A Tenure: Freehold
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 92, Basingstoke Road, Peterlee
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