3-bedroom terraced house · SR8 3QA
For saleListed 8 daysAuction 2 Nov · in 10 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by auction on Monday, 02 Nov 2026 at 13:00 Venue: Regional Online Situation: The property is situate on Argent Street, Peterlee, on the outskirts of Sunderland, within reach of the local amenities, including local rail station and the North East coast.
Sunderland offers a wide range of both retail and leisure facilities, along with further access to surrounding towns and Cities.
The North East coast offers some fantastic sights and scenery, along with access to the popular coastal areas of Scarborough Whitby, Staithes, Seaham and Whitburn.
Description: A traditionally constructed, 3 bedroom mid terrace house requiring improvement works but benefitting from well proportioned and versatile accommodation, in an area of high rental demand, giving excellent yield potential (based on guide price) once renovated, along with scope to add value.
Potential income of £600 pcm (£7200 per annum). Accommodation Ground Floor Entrance Hall Sitting Room Dining Room Kitchen First Floor: Bedroom 1 Bedroom 2 Bedroom 3 Family Bathroom Outside Rear yard.
Agent Note: The property has suffered from extensive fire damage.
Material Information Please copy and paste the link below into your browser for a full breakdown of material information for this property Tenure: The property is freehold.
All prospective bidders should satisfy themselves of terms of the tenure, ground rent and service charge if applicable, by inspecting the legal pack.
Council Tax: The property falls within Durham Council – band A Viewing: Strictly by appointment with Auction House.
Services: Prospective purchasers are advised to make their own enquiries of the relevant statutory authorities.
Nb: Services, Apparatus and Equipment have not been tested by Auction House and therefore cannot be verified as being in working order.
The buyer is advised to obtain verification from their Solicitor/Surveyor.
These particulars are believed to be correct but their accuracy is not guaranteed and they do not form any part of any contract.
Information relating to Rating and Town and Country Planning matters has been obtained by verbal enquiry only.
Prospective purchasers are advised to make their own enquiries of the appropriate Authority. Information relating to Phone & Broadband can be found by visiting Ofcom.
All measurements, areas and distances are approximate only. Potential purchasers are advised to check them.
Any potential rental incomes are approximate based on Rightmove data at the time of preparing the details and bidders are advised to check with a local agent for an accurate valuation.
EPC Rating: D Additional Fees Administration Charge - £3600 inc VAT payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information * Guides are provided as an indication of each seller's minimum expectation.
They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information Please be aware there may be additional fees payable on top of the final sale price.
This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion.
Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About 13 Argent Street, Peterlee SR8 3QA
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