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See how verdicts work2-bedroom bungalow · DH9 0UH
Sold STCListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This fantastic ground-floor apartment comes with the very rare benefit of a large landscaped garden and summer house, a garage, and two allocated parking spaces.
It therefore offers superb living space both inside and out, with accommodation that might also suit buyers looking for a bungalow, at a very affordable price.
Situated within a small modern development with landscaped grounds, the property is well placed for easy access throughout the north east.
The apartment has been extensively upgraded and provides a well-presented, stylish interior.
The specification is equally impressive, including gas central heating with a Worcester combination boiler and radiators, uPVC double glazing, an alarm system and an intercom entry system.
The layout includes an entrance hall, a 15ft living/dining room with double doors opening to the garden, a fitted kitchen with integrated cooking appliances, two double bedrooms, an en suite shower room, and a bathroom.
The garage and the adjacent two parking spaces are situated within the courtyard.
Beamish Rise is a very impressive modern development located just off the A693, which offers easy access to the A1(M), the Metrocentre, Team Valley, Gateshead, Newcastle, Washington, Durham, and Sunderland.
Countryside walks, the South Causey Inn, and Beamish Museum are all nearby.
MATERIAL INFORMATION: In compliance with the Consumer Protection from Unfair Trading Regulations 2008 and the National Trading Standards Estate and Letting Agency Team’s Material Information in Property Listings Guidance PART A Local Authority – Durham County Council Council Tax Band – B Tenure – Leasehold Term - 125 years from 1 January 2007 Ground Rent - £125 per annum, reviewed every 5 years from 2007 Service Charge - £880.17 for the year ended 31st March 2026.
Reviewed annually.
PART B Property Type – Ground floor apartment Property Construction – Standard Number & Types of Rooms – Please refer to the details and floorplan, all measurements taken are the maximum dimensions available between internal walls unless otherwise indicated Electricity supply – Mains Water Supply – Mains, metered Sewerage – Mains Heating – Gas boiler with radiators Estimated Mobile phone coverage – Please refer to the Ofcom Website - Estimated Broadband Download speeds – please refer to the Ofcom Website – Parking – Garage and allocated parking spaces.
Street parking with no permit restrictions PART C Building Safety – The Vendor is not aware of any Building Safety issues.
However, we would recommend that the purchaser engage the services of a chartered surveyor to confirm Restrictions – See lease Covenants - Covenants affecting the property are contained in the original lease from Turney-Wylde dated 17th July 2009 and the Land Registry Title Register, both of which are available for inspection.
Selective licencing area – Not included Conservation Area - No Article 4 Planning Restricted area - Included in Article 4 HMO County Durham Constraint Rights & Easements- See lease Flood risk – Rivers and Seas: Very low.
Surface Water: Very low. Coastal Erosion – N/A Planning – None current Building Control – 2006 New development Accessibility/Adaptations – None Mining Area – Coal Mining Reporting Area.
Further searches may be required. The vendor has made no other Material Information disclosures.
This information has been compiled in good faith using resources readily available online and by enquiry of the vendor before marketing.
However, such information could change after compilation of the data, so J W Wood cannot be held liable for any changes post compilation or any accidental errors or omissions.
Furthermore, J W Wood are not legally qualified and conveyancing documents are often complicated, necessitating judgment on our part about which parts are “Material Information” to be disclosed.
If any information provided, or other matter relating to the property, is of particular importance to you, please seek verification from a legal advisor before committing to expenditure.
HMRC supervises the legal obligation for all estate agents to conduct identity checks on their customers, including buyers, when their offer is accepted.
This must be completed per purchaser, who will become the legal owner(s) of the property in the transaction. There is a £30 (inc VAT) administration fee per individual purchaser for these checks.
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 advisers 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.
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FAQ
About Beamish Rise, Stanley, County Durham, DH9
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