2-bedroom bungalow · DH2 1NA
For saleListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DETACHED 2 BEDROOM BUNGALOW ON GENEROUS CORNER PLOT / NO UPPER CHAIN - A rare opportunity has arrived to acquire this amazing detached bungalow in this popular residential area in the village of Pelton.
Sitting in a well-established position on the desirable Heathmeads, the bungalow sits on a more than generous corner plot with gardens to the front, side and rear.
A short walk from the village's bustling high street, Pelton also boasts several excellent public transport links to Chester-le-Street, Stanley, Newcastle, Gateshead and Sunderland.
The village also sits on the C2C cycle path, popular with avid cycling and dog walking enthusiasts and is a short 5 minute drive from the world famous Beamish Living Museum.
Offered to the market with no upper chain, this spacious bungalow not only offers a larger than average front porch but also a well-proportioned hallway which runs through the centre of the house and offers plenty of space and built-in storage for coats and shoes.
The impressive lounge boasts a large double glazed window to the front, allowing the room to fill with natural light and boasts a solid fuel burner as centrepiece.
A decorative glazed feature with open access to the dining area at far side creates a lovely flow and allows the natural light to continue through to the rear, where we are greeted by a bright and airy kitchen/diner and an exceptional and spacious sun room with a tinted glazed roof towards the rear.
There are 2 well-proportioned double bedrooms with fitted wardrobes along with a modern shower room benefitting from a large walk-in shower unit with a rainfall style mixer shower.
The exterior boasts an excellent wraparound garden with the front benefitting from a double drive leading up to a larger than average garage, which has power, lighting and plumbing for a utility space.
The front garden connects with a sizeable private garden along the left hand gable end, which continues onto a much larger and private garden to the rear with a patio area and rear access to the garage.
Tenure: Freehold Council Tax Band: C EPC Rating: D Room Descriptions Porch - Enter via a UPVC front door into a large porch with tiled flooring and UPVC double glazed windows to the most part.
Access to a hallway. Hallway - Long hallway with wood flooring, offering access to a lounge, 2 double bedrooms, a shower room, 2 built-in storage cupboards and loft hatch.
Glazed feature window looking into the lounge and a wall mounted radiator.
Lounge - 11'9 x 17'1 (3.65m x 5.21m) - Spacious lounge with matching wood flooring and large front-facing UPVC double glazed window.
Solid fuel stove as centrepiece, 2 wall mounted radiators and open access with a glazed feature to the dining area.
Kitchen/Diner - 6'9 x 16'9 (2.10m x 5.15m) - Matching wood flooring to the dining area which is met with tiled flooring to the kitchen area.
A double set of UPVC French doors leading onto a sun room from the dining area, wall mounted radiator and side-facing UPVC double glazed window.
Access to the kitchen area with a range of base and wall fitted units, work surfaces and tiled splashback. Integrated electric oven and hob with an overhead extractor fan.
Integrated under counter fridge and space for a fridge/freezer. White ceramic double sink with a hose style mixer tap below a rear-facing UPVC double glazed window looking into the sun room.
Wall mounted radiator.
Sun Room - 7' x 17'4 (2.15m x 5.32m) - Spacious sun room with tiled flooring, UPVC double glazed windows to the most part along with a double set of French doors and glazed tinted lean-to roof.
Enclosed combination boiler. Bedroom One - 10'9 x 10'3 (3.33m x 3.16m) - Stained wood flooring with a front-facing UPVC double glazed window, fitted wardrobes and wall mounted radiator.
Bedroom Two - 8'6 x 10'6 (2.64m x 3.23m) - Carpeted bedroom with a rear-facing UPVC double glazed windows. Fitted wardrobes and wall mounted radiator.
Shower Room - 5'3 x 6'6 (1.64m x 2.01m) - Tiled flooring and full height tiled splashback. Access to a toilet, wash basin and walk-in shower unit with a rainfall style mains mixer shower.
Rear-facing UPVC double glazed window, wall mounted heated towel rail and extractor fan.
Exterior - The bungalow sits on an exceptionally large plot with impressive gardens to the front, side and rear.
The front offers access to a double block paved drive leading up to a 'larger than average' garage.
The left hand gable end offers a private and well-proportioned side garden which leads onto a much larger and private garden with a patio area and rear access to the garage.
Garage - 24'6 x 8'2 (7.50m x 2.52m) - 'Up and over' door to the front and utility space to the rear for a washing machine and tumble dryer.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Heathmeads, Pelton, DH2
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