3-bedroom terraced house · SR8 3EG
Sold STCListed 140 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three-Bedroom Mid-Link Home | Recently Fitted Kitchen and Bathroom/WC/Wet Room | Potential Rental Income £675pcm (10.8% Annual Yield) | Cheapest 3-Bed in Easington Village A fantastic opportunity, this spacious three-bedroom mid-link home is conveniently located close to local shops, amenities, transport links, and local primary and secondary schools.
The property benefits from gas central heating, double glazing, and features a recently fitted kitchen, bathroom/wet room, and W/C.
The ground floor comprises an entrance hallway, lounge, fitted kitchen/diner, bathroom/WC/wet room, and rear porch, while the first floor offers a spacious master bedroom and two further well-appointed bedrooms.
Externally, the property features enclosed front and rear lawned gardens. This home is ideal for first-time buyers, second-time buyers, downsizers, or investors.
It represents an excellent opportunity to create a comfortable family property or a rental investment with an estimated income of £675 per calendar month, equating to a 10.8% annual yield.
Being the cheapest three-bedroom property currently available in Easington Village, it offers unbeatable value.
Council Tax Band: A Tenure: Freehold External Front Lounge 3.75m x 4.4m Kitchen Diner 3.61m x 3.86m Family Bathroom W/c Bedroom One 2.77m x 4.54m Bedroom Two 283.0m x 3.79m Bedroom Three 1.81m x 2.75m External Rear
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
Agent & docs
FAQ
About North Crescent, Easington Village, Peterlee, Durham, SR8 3EG
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