4-bedroom detached house · DH3 1FE
Listing removedListed 311 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mortgagees in possession are now in receipt of an offer for the sum of £280,500 for 61 Aspen Close, DH3 1FE.
Anyone wishing to place an offer on the property should contact Bridgfords, 48-49 The Galleries NE38 7SD, before exchange of contracts or within the next 7 days whichever is sooner.
Four bedroom detached on aspen close.
Similar to the current 'Birch' design, this fantastic family home offers space and comfort throughout thanks to its Cozy lounge with bay style floor to ceiling windows and spacious kitchen/diner to the rear offering an ample range of fitted units, work surfaces including breakfast bar and integrated appliances, as well as a large dining area with an amazing outlook onto a vast rear garden via double patio doors.
The ground floor also offers a utility space and WC just off the dining area as well as rear access to the integral garage which benefits from power and lighting.
The first floor has a large 'U' shaped landing with Four spacious bedrooms and a generous family bathroom boasting a bath and separate shower.
The master bedroom in particular has been meticulously designed with a stunning bay style floor to ceiling window as well as a dressing area with its own window and also has a master ensuite.
The front exterior boasts a garden with a tarmacked drive leading up to the garage as well as a gated side access to a vast south-facing garden.
The house also benefits from solar panels as standard (details to be confirmed).
The Cedars development sits a short distance from A1 which is perfect for commuters as well as being a 5 minute drive from busy town centre of Birtley which offers an abundance of shops and other amenities.
All services/appliances have not and will not be tested.
The Cedars development sits a short distance from A1 which is perfect for commuters as well as being a 5 minute drive from busy town centre of Birtley which offers an abundance of shops and other amenities.
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
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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
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FAQ
About 61, Aspen Close, Chester Le Street
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