We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom house · SR8 2EW
For saleReduced £5k (−7.1%) on 28 AugListed 172 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are delighted to welcome to the sales market this three-bedroom terraced investment opportunity, situated on Westmorland Rise in Peterlee.
This property is being sold with a tenant in situ, currently generating a reliable rental income of 550 per month (6,600 per annum).
For those looking to grow their portfolio, properties in this specific area of Peterlee consistently benefit from high rental demand and often deliver a strong rental yield, making this an incredibly stable addition to any professional or budding landlord's collection.
Property Features Tenanted Investment: Immediate rental income from completion. Three Bedrooms: Spacious accommodation across the first floor.
Two Reception Rooms: Includes a generous lounge and separate dining area. Modern Kitchen: Fitted with a range of wall and base units. Enclosed Garden: Private outdoor space to the rear elevation.
Gas Central Heating & Double Glazing: For energy efficiency and tenant comfort. Freehold Tenure: Security of ownership with no ground rent.
Accommodation Ground Floor: Entrance hallway leading to a bright and spacious lounge, a dedicated dining room, and a functional kitchen. The ground floor also benefits from a utility room.
First Floor: Three well-proportioned bedrooms and a family bathroom fitted with a three-piece suite. Exterior: To the rear, there is an enclosed, low-maintenance garden.
The property is ideally positioned close to local parkland and green spaces.
Location & Transport Ideally located in the popular town of Peterlee, the property is within walking distance of local shops, supermarkets, and restaurants.
Commuters benefit from excellent transport connections via the A19 and Horden Train Station.
Council Tax Band: A EPC Rating: D To arrange your internal viewing or for further investment details, please contact our Peterlee Branch Council Tax Band: A Tenure: Freehold
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.
Area
Agent & docs
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FAQ
About 48, Westmorland Rise, Peterlee
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