2-bedroom terraced house · SR8 3QH
For saleListed 86 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Well-Presented Two Bedroom Terraced Home | Ideal First-Time Buyer or Investment Opportunity | Achievable Rental Income of Approximately 590 pcm | 9.7% Annual Rental Yield | Stone's Throw from the Durham Heritage Coast Pattinson Estate Agents are delighted to welcome to the sales market this well-presented two-bedroom terraced home, ideally situated within a popular residential area of Peterlee.
Offering spacious accommodation throughout, this property is perfectly suited to first-time buyers, young families, downsizers, or buy-to-let investors.
With an achievable rental income of approximately 590 pcm, delivering an impressive 9.7% annual rental yield, this home represents an excellent investment opportunity.
The accommodation briefly comprises a welcoming entrance hallway leading into a generous lounge, providing the perfect space to relax or entertain.
To the rear, the well-appointed kitchen offers ample worktop and cupboard space, with plenty of room for everyday dining and access to the rear garden.
To the first floor are two generously proportioned double bedrooms, both filled with natural light and offering comfortable, versatile living space.
Completing the accommodation is a modern family bathroom, fitted with contemporary fixtures and finished in neutral tones.
Externally, the property benefits from low-maintenance front and rear gardens, providing an ideal outdoor space for relaxing or entertaining while remaining easy to maintain.
Ideally positioned close to a wide range of local amenities, schools, supermarkets and transport links, the property also enjoys excellent access to the A19, making it ideal for commuters travelling throughout the North East.
Adding to its appeal, the home is just a stone's throw from the stunning Durham Heritage Coast, where beautiful beaches, scenic coastal walks and picturesque countryside can be enjoyed all year round.
Whether you're looking to step onto the property ladder or expand your investment portfolio, this attractive home offers excellent value in a sought-after location.
Offering an achievable rental income of approximately 590 pcm and an estimated 9.7% annual rental yield, this property is an outstanding buy-to-let opportunity.
Early viewing is highly recommended to fully appreciate the space, location and investment potential this fantastic home has to offer. Council Tax Band: A Tenure: Freehold
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 advisers before making any investment decisions.
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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 1, Allan Street, Peterlee
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