2-bedroom house · SR8 1DZ
Listing removedReduced £2.5k (−2.1%) on 5 SepListed 163 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the charming area of Lakemore, Peterlee, this modern two-bedroom house presents an excellent opportunity for those seeking a comfortable and convenient home.
Ideally situated near local schools and the bustling town centre, this property is perfect for first time buyers and professionals alike.
Upon entering, you will be greeted by a good sized lounge area with an upgraded kitchen that boasts contemporary fittings, making it a delightful space for culinary enthusiasts.
The modern bathroom complements the home beautifully, providing a stylish and functional area for relaxation.
Both bedrooms are generously sized doubles, offering ample space for rest and personalisation.
Outside, the property features a driveway, ensuring convenient off-road parking, while the rear garden provides a private outdoor space, perfect for enjoying sunny days or hosting gatherings with friends and family.
This home combines modern living with a prime location, making it an ideal choice for anyone looking to settle in Peterlee. Don't miss the chance to make this lovely property your own.
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.
Area
Agent & docs
FAQ
About 11, Lakemore, Peterlee
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