3-bedroom terraced house · DH4 6ED
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **end of terrace family home**three bedrooms**two car driveway**private rear garden**sought after location** Pattinson Estate Agents are pleased to welcome to the rental market this well presented end of terrace family home, which boasts three bedrooms and is situated highly desirable location of Rose Crescent, Bournmoor Houghton Le Spring.
Perfectly positioned with in close proximity to local shops and other amenities, great public transport links and perfect for commuting via the A1 (M).
Also within walking distance Bournmoor Primary School and Elba Park, as well as being a short drive to Waldridge Fell Country Park, Sunderland & Durham City Centres.
This impressive family residence is spacious throughout and briefly comprises:- Entrance/porch, lounge, kitchen/dining room, a rear hallway, which leads to the rear outhouse/utility and rear garden.
To the first floor lies three well proportioned bedrooms and a new three piece bathroom, externally to the front there is a garden and a two car driveway, to the rear there is a fully enclosed garden, which benefits from not being overlooked.
Early viewing come highly recommended to appreciate the size and location. Please call our Houghton branch to arrange a viewing.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: A Deposit: 980.77 Entrance/Porch (0.94m x 2.21m) Property entrance leading to the porch, which has carpet flooring and a double glazed window.
Lounge (4.74m x 3.33m) Spacious lounge with carpet flooring, a feature fireplace, radiator, front and back double glazed windows.
Kitchen/Dining Room (4.72m x 3.43m) The kitchen/diner benefits from a range of upper and lower units with contrasting worksurfaces, a stainless steel sink, plumbing for a washing machine, integrated duel ovens and gas hob.
Vinyl flooring, tiled splash back, a radiator, front and rear double glazed windows. The kitchen/diner also leading to the rear hallway, which has a storage cupboard.
Bedroom One (3.70m x 3.36m) Double bedroom with carpet flooring, a storage cupboard, radiator and a double glazed front aspect window.
Bedroom Two (2.98m x 3.48m) Double bedroom with carpet flooring, storage cupboard, radiator and a double glazed front aspect window.
Bedroom Three (2.01m x 2.37m) Third bedroom with carpet flooring, a radiator and a double glazed rear aspect window.
Bathroom (1.63m x 2.43m) A newly fitted three piece bathroom benefiting from a walk-in shower, hand wash basin and WC.
Vinyl flooring, UPVC cladded walls, a heated towel rail and a double glazed rear aspect window.
External Externally to the front there is a garden and two car driveway, there is also open access to the rear garden. To the rear lies a good sized garden, which benefits from not being overlooked.
There is also a brick built outhouse adjacent to the property, which has plumbing for a washing machine.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Rose Crescent, Houghton Le Spring
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