3-bedroom terraced house · SR8 2PA
For saleListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you’ve been waiting for a home with space to grow into and the chance to make it your own, this three-bedroom property on Cleveland Place, Peterlee could be just the one.
The ground floor offers a comfortable lounge, a separate dining room for meals around the table, a kitchen and a handy downstairs W/C. Upstairs, you’ll find three bedrooms and the family bathroom.
Outside, the enclosed garden and generous paved parking area give you useful space to enjoy and make your own, with open green space nearby.
There’s scope to update the interiors to your taste, making this an appealing opportunity to create a home that feels like yours from the moment you walk in.
Get in touch with Hunters Peterlee to arrange a viewing. Hallway The front door opens into a welcoming hallway with space for coats and shoes.
The staircase rises to the first floor, while doors lead through to the ground floor accommodation. Useful storage beneath the stairs helps keep everyday items tucked away.
Ground Floor W/C A convenient downstairs toilet adds practicality for guests and busy family life, keeping the main bathroom separate from the living areas.
Lounge (4.04m x 3.69m (13'3" x 12'1")) A generously sized reception room with a front-facing window that brings in natural light.
There is ample space for a sofa and additional seating, making this a comfortable room for relaxing or entertaining. Its proportions give a buyer plenty of scope to put their own style on the space.
Dining Room (3.02m x 2.56m (9'10" x 8'4")) The separate dining room provides a dedicated spot for meals, with room for a table and chairs.
Positioned alongside the kitchen, it offers a practical layout for everyday dining and gatherings.
Kitchen (3.51m x 2.88m (11'6" x 9'5")) The kitchen is fitted with a range of wood-effect wall and base units, work surfaces and a sink beneath the window.
There is space for the usual kitchen appliances, and the room connects conveniently with the dining area. Buyers looking to update a home will find good room to create a kitchen to their own taste.
Landing The landing connects all three bedrooms and the family bathroom. It gives the first floor a straightforward layout, with each room reached independently.
Master Bedroom (3.64m x 3.43m (11'11" x 11'3")) A well-proportioned main bedroom with space for a double bed and bedroom furniture.
The window provides natural light, while the room’s size offers flexibility when planning wardrobes and storage.
Second Bedroom (3.65m x 2.55m (11'11" x 8'4")) Another good-sized bedroom, suitable for a double bed or a spacious single room with a desk and storage.
It would work equally well as a guest bedroom or a room for a growing family. Third Bedroom (2.95m x 2.86m (9'8" x 9'4")) The third bedroom offers more space than many typical box rooms.
It could serve as a child’s bedroom, home office or hobby room, depending on the buyer’s needs.
Bathroom (2.10m x 1.87m (6'10" x 6'1")) The bathroom is fitted with a bath and shower over, wash basin and W/C. A window provides natural light and ventilation.
The room presents an opportunity for a new owner to refresh the finish to suit their preferences.
Outdoor Space Outside, the property benefits from fenced garden space with a lawn and a substantial paved area suitable for parking or outdoor seating.
The photographs also show an open green outlook nearby, adding to the sense of space around the home.
The outdoor areas offer plenty of potential for a buyer who enjoys gardening or wants to shape a practical space for family use.
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
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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.
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About 53, Cleveland Place, Peterlee
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