5-bedroom detached house · DH8 7TB
To rentReduced £200 (−10%) on 22 OctListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This detached home in the semi-rural village of Iveston offers flexible accommodation over three floors, with gardens and an adjoining field extending to approximately two acres.
The ground floor includes an entrance porch/dining area, two reception rooms, an open-plan fitted kitchen with gas-fired Aga, utility/living/dining space and a bathroom.
One reception room has an inset wood-burning stove.
The first floor provides four bedrooms, a family bathroom and a further room, accessible through Bedrooms 1 and 2, suitable as a dressing room, study or occasional bedroom.
Two rear rooms open onto a balcony with countryside views. The second floor comprises a bedroom, bathroom and kitchen/living area, accessed from the main house and by an external spiral staircase.
It may offer independent-style accommodation, subject to any necessary consents.
Outside are driveway parking for two vehicles, gardens, an outbuilding and the adjoining field with separate track access. The field is not fully stock-proof.
Livestock use requires the landlord’s prior written agreement; pigs are not permitted. Any additional fencing would be at the tenant’s cost and subject to agreement.
Requests to keep pets will be considered in accordance with applicable legislation. White goods and selected furnishings are included.
The property has double glazing, gas central heating, underfloor heating to the lower floors, second-floor radiators, a wood burner and a security alarm. Viewings are by prior appointment.
A holding deposit of 1 weeks rent will be payable upon application. The holding deposit will secure the property for you whilst referencing is being completed for up to 15 days.
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
FAQ
About Iveston Lane, Consett, County Durham, DH8
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