2-bedroom house · DH2 2BZ
For saleListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Immaculate 2nd floor apartment view views. 2 double bedrooms. Spacious lounge / diner. Good sized kitchen. Spacius bathroom. Communal garden.
Well presented throughout, this spacious two bedroom upper floor apartment comes with parking and located within this popular modern Bellway built development, with easy access to Chester le Street's amenities and transport links.?
Located on the 2nd floor of this modern block of 6 apartments, the position of this apartment is particularly noteworthy, with superb, far reaching views for many miles over both Tyneside & Wearside.
The property is very well proportioned, with two good size bedrooms and must be viewed to be appreciated.? Also included is a parking space within the courtyard to the rear.
The spacious layout and stylish contemporary interior combine to create a very appealing property, which will be hard to beat within this price range.
The modern specification features gas central heating via radiators with an Ideal Logic combination boiler, UPVC double glazing and an intercom entry system.
The accommodation comprises a hall, 16ft lounge/dining room, contemporary well equipped kitchen/breakfast room with units and integrated appliances, two bedrooms with space within both bedrooms for wardrobes or dressing table and a bathroom/wc with a white suite and shower.
A further benefit of being located on the upper floor is the added bonus of having access to the attic for additional storage.
Externally, a communal garden is to the front with is regularly tended to via a maintenance company and allocated parking is to the rear.?
Bellway's Glenside View is a modern development of stylish apartments and two, three and four bedroom houses, close to the established residential village of Pelton Fell.
The village lies only a few minutes' drive from nearby Chester le Street where a wide range of shopping and recreational facilities are available together with excellent road and rail links throughout the North East.
Property comprises Hallway. Intercom entry system to main access door, radiator, storage cupboard and access to attic. Lunge / Diner. 16'3 x 10' (4.96m x 3.06m).
Amazing views to the front via a Upvc double glazed window, radiator and Tv point. Kitchen. 12'2 x 7'6 (3.70m x 2.30m).
Double glazed window to front, wide range of wall and base units, integrated electric oven, gas hob, extractor hood, dishwasher, washing machine, space for fridge freezer, 1 1/2 bowl sink and drainer, mixer tap, radiator and wall mounted Ideal Logic combination boiler.
Bedroom 1. 14'4 (11'11) x 9'8 (4.38m (3.63m) x 2.95m). Upvc double glazed window to front, excellent sized bedroom, radiator and tv point. Bedroom 2.
12'3 x 7'8 (3.73m x 2.34m) Double glazed window to rear and radiator. Bathroom. 7'6 x 5'3 (2.30m x 1.60m) Bath with mains shower overhead, WC, hand basin, radiator, part tiled walls and extractor fan.
Externally. Communal gardens are well tended to at the front and allocated parking is to the rear.
Agents Notes: Tenure: Leasehold Date of lease: 24 July 2015 Term: 125 years (less one day) from 1 January 2015 Unexpired lease term: 113 years Ground Rent: £125 for years 2023 to 2028.
Rent reviewed every five years on 1st January using the Retail Price Index. Reviewed in 2023. Next review 2028. Service Charge: £1,757.50 for year ending 31st December 2024.
Payable in four equal quarterly installments. Service charge is reviewed annually. Covenants and restrictions: Standard estate covenants and restrictions affect the property.
Details are contained within the original Lease dated 24th July 2015, which is available for inspection.
Council Tax Band: A (Durham County Council) Conservation Area: No Selective Licencing Area: Yes. A licence is required to let the property. Further details can be obtained from Durham County Council.
Authority to let is also required from the Management Company. Fees apply.
Mains Services: Gas, Electricity, Water (vendor advises supply is metered), Sewage Broadband: Superfast fibre broadband is available in the postcode. BT and Sky satellite/fibre TV are also available.
Mobile Coverage: Major networks provide mobile coverage. Flood Risk: Rivers & Seas ? No risk; Surface Water ?
Very Low Details relating to covenants and restrictions, rents and reviews, lease terms and service charge costs (together with what is included) and other relevant information are contained within the original Lease dated 24th July 2015, which is available for inspection.
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
FAQ
About 47 Twizell Burn Walk, Pelton Fell
Explore nearby