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See how verdicts work5-bedroom bungalow · SR8 1NL
For saleReduced £13.5k (−2.4%) on 22 OctListed 237 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the serene surroundings of Lumley Drive, Peterlee, this substantial detached bungalow offers an impressive 3,232 square feet of versatile living space.
With five spacious bedrooms and four well-appointed bathrooms & five reception areas, this property is perfect for families seeking comfort and convenience.
The bungalow boasts an impressive five reception rooms, providing ample space for relaxation and entertainment.
Whether you envision a grand dining area, a cosy lounge, or a vibrant playroom, the layout allows for endless possibilities to suit your lifestyle.
The property is further enhanced by its prime location, backing onto the picturesque Castle Eden Dene with a gate directly into the Nature Reserve, offering a tranquil backdrop and opportunities for outdoor activities.
For those with multiple vehicles, the property features a generous driveway accommodating up to eight cars, along with a double garage, ensuring that parking is never a concern.
The expansive grounds provide a wonderful space for children to play or for hosting gatherings with friends and family.
This bungalow not only offers a comfortable living environment but also presents endless potential for personalisation and enhancement.
With its spacious layout and desirable location in Oakerside Park, this property is a rare find in the market. Do not miss the opportunity to make this exceptional bungalow your new home.
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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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.
Area
Agent & docs
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FAQ
About 17, Lumley Drive, Peterlee
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