2-bedroom terraced house · DH9 6QA
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are pleased to welcome to the rental market this two bedroom end link terraced house with front and rear gardens and allocated parking, situated in Stanley.
The property is available now and is offered unfurnished. Upon entering, the hallway leads to a cloakroom/W.C. And provides access to the main reception room.
The lounge features double glazed French doors opening onto the rear garden, creating a bright and inviting space.
The kitchen is fitted with wall and base units, integrated electric oven, gas hob with extractor, and offers space for a washing machine.
There is also a wall mounted boiler and a double glazed front aspect window.
Upstairs, the landing gives access to two well-proportioned bedrooms, one with a built-in cupboard, and a bathroom fitted with a white three piece suite including a panelled bath with shower over.
The property benefits from gas central heating and double glazing throughout.
Externally, the front garden is mainly laid to lawn with a paved area and shrub borders, while the rear garden offers a lawn and patio area with fenced boundaries and gate access.
The property is in council tax band A and EPC rating: 77.
Located close to local shops and schools and is within walking distance into Stanley town centre with its shops, bars, cafes, schools and bus station.
Tenant Referencing Criteria: Pattinson will undertake referencing checks on all applicants over the age of 18 wishing to move into a rental property.
As part of this process, we will undertake: - A credit check to ensure each applicant does not have any adverse credit such as CCJs (County Court Judgements).
- An affordability assessment to ensure applicant's income will sufficiently cover the rental payments.
- To pass the affordability check, each applicant's gross annual basic income (including benefits and pensions) must be at least 30 times the monthly rental amount (36 times for Ellinson properties).
Eg If the rent is 500 pcm, applicants would need to earn 15,000 as an annual pension or basic salary (excluding commission/bonus) before tax or other deductions were made.
- Each applicant's affordability is assessed individually against the criteria. - Self- will require an accountant's reference and should have accounts for a minimum of two years.
Net profit will be assessed against the affordability requirement of 30 times the monthly rental amount. - Employment checks to confirm your start date, salary and if your position is permanent.
- Homeownership checks (only if you are a homeowner) confirming your mortgage payments are up to date.
- A Landlord reference (if you are currently residing in rented accommodation) confirming you have abided by the terms of the lease.
This will check that the rent was paid on time and in full, there was no antisocial behaviour and the property was looked after in an appropriate manner. - Right to rent' id checks.
If you do not meet the requirement, you will require A homeowner guarantor.
Council Tax Band: A Deposit: 812.50 Entrance Hall Double glazed entrance door, laminate flooring, single radiator, stairs to the first floor. Cloakroom/W.C. Low level w.c.
Wash hand basin, extractor fan, single radiator.
Lounge (4.4m x 3.1m) Double glazed rear aspect French doors leading into the rear garden Kitchen (3.5m x 2.3m) Fitted wall and base units incorporating counter worktops with a single drainer sink unit, built in electric oven, gas hob with extractor hood over, space for a washing machine, tiled floor, partly tiled walls, wall mounted boiler, single radiator, double glazed front aspect window.
First Floor Landing Access to roof space, single radiator. Bedroom One (4.4m x 2.6m) Double glazed rear aspect window, double radiator.
Bedroom Two (4.4m x 2.3m) Double glazed front aspect windows, built in cupboard. Bathroom White three piece suite comprising panelled bath with shower over, pedestal wash hand basin, low level w.c.
Partly tiled walls, extractor fan, heated towel rail, double glazed side aspect window. Front Garden Laid mainly to lawn, paved area, shrub borders and fenced boundaries.
Rear Garden Laid mainly to lawn, paved patio area, fenced boundaries with gate access.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 45, Orwell Gardens, Stanley
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