2-bedroom terraced house · SR8 3QQ
Sold STCListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Ashton Street. This is a two-bedroom terraced house in Easington Colliery, offering a straightforward investment opportunity with strong rental potential.
Investment Potential: An excellent opportunity for investors, this property offers the potential to achieve a competitive rental income in line with current market conditions.
Based on local comparables, there is scope to generate a solid yield, making it a worthwhile addition to a growing portfolio.
Convenient Access to Local Amenities & Transport Links: The property is situated within reach of everyday amenities and key transport connections.
Castle Dene Shopping Centre is approximately an 8-minute drive away, Dalton Park Outlet is around 11 minutes by car, and Seaham Train Station can be reached in approximately 13 minutes.
For outdoor space, Easington Beach is just a 10-minute walk away, with Easington Colliery Local Nature Reserve only a 4-minute walk from the property.
Chain Free: Offered with vacant possession, this property presents a straightforward opportunity for both homebuyers and investors alike.
With no onward chain, a buyer can move quickly and start making the property their own without delay.
Upon entering the property, you enter directly into the living room, which features laminate wood flooring for easy maintenance and practicality.
To the rear, there is a galley-style kitchen fitted with an integrated oven and hob, along with both under-cabinet and over-cabinet storage providing useful cupboard space.
The kitchen leads out to an enclosed rear yard. Upstairs, the property comprises two bedrooms, one double bedroom and one single bedroom.
Both rooms are carpeted and offer functional space for furnishings. The family bathroom is fitted with a bath and electric shower.
Externally, there is on-street parking available to the front of the property. The property is located within Easington Colliery, forming part of the wider Peterlee area.
It provides straightforward access to local shops, schools and coastal walks, while also benefiting from strong road links.
The A19 is easily accessible, offering direct routes north towards Sunderland and Newcastle, and south towards Hartlepool and Middlesbrough, making commuting in and out of Peterlee simple and convenient.
Council Tax Band: A (Durham County Council) 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 advisors 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
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FAQ
About Ashton Street, Peterlee
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