2-bedroom terraced house · SR8 3LX
Listing removedListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully refurbished two-bedroom end-terraced house offers a bright lounge leading to a modern kitchen, a ground-floor bathroom, and an upstairs WC alongside two spacious double bedrooms.
The property features an enclosed front garden, a low-maintenance rear yard, gas combi central heating, and uPVC double glazing. EPC rating C (70), Council Tax Band A.
Conveniently located near transport links and amenities, this home is perfect for couples, families, or professionals. Contact us today to arrange a viewing!
Costs: Rent: £550 PCM Security Deposit: £634 Holding Deposit: £126 REFERENCING & CREDIT CHECK A holding deposit equal to 1 weeks rent is payable upon the start of your application.
Successful Applicants - any holding deposit will be offset against the initial rent or deposit, with the agreement of the payee.
Under the Tenant Fee Act 2019: The Holding Deposit will become non-refundable, should you fail your reference and credit checks, if you provide misleading information or fail to declare a county court judgement (CCJ) or an (IVA) on your application form or the nominated guarantor application form.
We allow up to 15 days for all checks to be completed. Should you have any concerns regarding these checks, please notify a member of staff before you make payment.
Tenant(s) minimum yearly income affordability to pass the credit check is calculated at 2.5 times the yearly rent.
(Example: Rent of £550 PCM x 12 = £6,600 x 2.5 = £16,500) This minimum income can be shared on a joint tenancy only.
Working Guarantor minimum yearly income affordability to pass the credit check is calculated at 3 times the yearly rent.
(Example: Rent of £550 PCM x 12 = £6,600 x 3 = £18,800) (Or hold savings or pension(s) equal or more than this amount) Please note: if you are claiming basic or basic Universal Credit, or your employment is on a zero hour's contract or your employment position is temporary, you will require a guarantor in a permanent contract of employment.
EPC Rating: C HALLWAY uPVC double glazed entrance door, single radiator, stairs to the first floor, hard-wired smoke alarm, door to the lounge.
LOUNGE Dimensions: 13' 2" x 12' 5" (4.02m x 3.80m). uPVC double glazed window, under-stair storage cupboard, double radiator, TV cables, and a large opening to the kitchen.
KITCHEN Dimensions: 8' 3" x 10' 11" (2.54m x 3.33m). Fitted with a range of wall and base units finished in high-gloss white with contrasting laminate worktops and upturns.
Integrated electric oven/grill, electric hob with stainless steel splash-back and extractor canopy over.
Sink with mixer tap, plumbed for a washing machine, laminate flooring, uPVC double glazed window and matching rear exit door and a door leading to the bathroom.
BATHROOM Dimensions: 8' 3" x 4' 0" (2.54m x 1.22m). A white suite featuring a panelled bath with shower fitment, glazed screen and tiled slash-backs.
Pedestal wash basin, WC, uPVC double glazed frosted window, wall mounted extractor fan and a single radiator.
LANDING Loft access hatch, hard-wired smoke alarm and doors leading to the bedrooms and WC. BEDROOM 1 (TO THE FRONT) Dimensions: 10' 0" x 12' 6" (3.06m x 3.83m).
Storage cupboard housing the gas combi central heating boiler, uPVC double glazed window and a single radiator. BEDROOM 2 (TO THE REAR) Dimensions: 11' 10" x 12' 5" (3.63m x 3.81m).
uPVC double glazed window and a single radiator. WC Dimensions: 5' 10" x 3' 0" (1.80m x 0.92m). WC, wash basin with base storage and a uPVC double glazed window.
TO THE FRONT Lawn garden enclosed by railing and timber fence. TO THE REAR Self-contained yard. HEATING Gas fired central heating via combination boiler and radiators.
GLAZING uPVC double glazing installed. ENERGY EFFICIENCY EPC rating C (70). Please speak to a member of staff for a copy of the full Energy Performance Certificate.
PARKING On-street.
COSTS Rent: £550 PCM Security Deposit: £634 Holding Deposit: £126 Disclaimer Whilst we endeavour to make our particulars accurate and reliable, they should not be relied on as a statement or representations of fact, and do not constitute any part of an offer or contract.
The owner does not make or give, nor do we or our employees have authority to make or give any representation or warranty in relation to the property.
We have not checked or tested any appliances mentioned (including heating systems or electrical fittings) therefore working order cannot be confirmed. All measurements are given to the nearest 5cm.
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.
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
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FAQ
About Noble Street, Peterlee, SR8
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