3-bedroom terraced house · NE38 9EQ
Let agreedReduced £30 (−3.6%) on 2 OctListed 834 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Swift Moves AWARD WINNING Estate Agents are delighted to welcome to the rental market this well-proportioned three-bedroom family home, situated in the popular area of Petteril, Rickleton.Offering comfortable and practical accommodation throughout, this property is ideally suited to a family or professional tenants looking for a well-located home with excellent transport links and access to highly regarded local schools.The property benefits from gas central heating and double glazing and briefly comprises an entrance hallway leading into the main living accommodation.The kitchen/diner provides a practical space for everyday family living and dining, while the separate lounge offers a comfortable area for relaxing and entertaining.To the first floor are three good-sized bedrooms, together with a family bathroom and separate WC.Externally, the property benefits from front and rear gardens, providing useful outdoor space for tenants to enjoy.Situated in a convenient location, the property offers easy access to local amenities, transport links and a number of excellent schools.
The surrounding area is also well placed for access to Washington, Sunderland and the wider North East. New to the market for further details or to arrange a viewing please call Swift Moves.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Petteril, Rickleton, Washington
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