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See how verdicts work4-bedroom house · DH7 0PT
Listing removedListed 78 days
Opportunity summary
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About
Vacant Possession | No Onward Chain | Four bedroom detached family home | Scope for internal improvements | Large rear garden and single detached garage A spacious four bedroom detached family home, offering well balanced accommodation, generous gardens and a practical layout within the popular village of Lanchester.
With two reception rooms, a kitchen, utility room, study, porch, ground floor WC, family bathroom, single detached garage and excellent outside space, the property is well suited to family life, while also offering scope for internal improvements to suit personal requirements.
The home offers a strong sense of space throughout, with separate living, dining and working areas giving flexibility for modern family needs.
The layout works particularly well for buyers looking for a home that provides room to come together, while still offering quieter spaces for home working, study or relaxation.
Set within a well regarded residential position, the property benefits from a smaller front garden and a large rear garden, giving the home a lovely balance of kerb appeal, parking practicality and family friendly outdoor space.
Ground Floor The ground floor opens through a useful porch, leading into the central hallway and principal accommodation.
The living room is a generous and comfortable space, ideal for everyday relaxation, family evenings and entertaining.
The separate dining room provides a defined area for family meals and more formal occasions, while still sitting conveniently close to the kitchen.
The kitchen offers practical space for cooking, storage and day to day use, with access through to a separate utility room.
This is a valuable addition for family life, giving space for laundry, appliances and household organisation while helping to keep the main kitchen clear and functional.
A dedicated study sits to the front of the home, creating an excellent space for working from home, homework, reading or use as a quiet snug.
A ground floor WC completes the practical ground floor arrangement. First Floor To the first floor there are four bedrooms arranged around a central landing.
The two largest bedrooms are both generous doubles, providing comfortable main bedroom options with space for wardrobes and additional furniture.
The remaining bedrooms add flexibility for children, guests, nursery space, dressing room use or further home working if required.
The family bathroom serves the first floor and includes both a bath and separate shower, giving the home the level of convenience expected from a larger family property.
Outside Externally, the property benefits from a front garden which adds to the setting and approach of the home. To the rear, there is a large garden, providing excellent outdoor space for families.
The garden offers room for children to play, seating areas, planting, entertaining and enjoying the warmer months. For buyers who value outside space, this is one of the home’s strongest features.
A single detached garage provides useful parking, storage or workshop potential, depending on the buyer’s needs.
Location Lanchester is one of County Durham’s most desirable villages, known for its attractive centre, strong community feel and excellent range of everyday amenities.
The village offers shops, cafés, pubs, restaurants, pharmacy services, medical facilities, post office provision, community facilities and local services, making it a practical and welcoming place to live.
Families are well served by local schooling options.
Lanchester Endowed Parochial Primary School continues to be rated Good by Ofsted, while All Saints’ Catholic Primary School is also located within the village.
St Bede’s Catholic School and Sixth Form College provides secondary and sixth form education nearby. The village is well placed for access to Durham, Consett and the surrounding countryside.
Public transport links include regular bus services connecting Lanchester with Durham, Consett and Castleside, making the location convenient for commuters, families and those needing access to wider amenities.
For buyers seeking a spacious detached family home with four bedrooms, flexible ground floor accommodation, garage provision, a large rear garden and the opportunity to make internal improvements to suit their own requirements, this property offers an excellent opportunity in one of the area’s most well regarded villages.
Location Lanchester is one of County Durham’s most desirable villages, known for its attractive centre, strong community feel and excellent range of everyday amenities.
The village offers shops, cafés, pubs, restaurants, pharmacy services, medical facilities, post office provision, community facilities and local services, making it a practical and welcoming place to live.
Porch (3.25m x 1.18m) Study (3.88m x 2.23m) Utility (2.49m x 2.20m) Kitchen (3.59m x 2.70m) Dining Room (3.55m x 2.69m) Living Room (4.95m x 3.36m) Hallway (3.36m x 2.18m) Bedroom One (4.39m x 3.59m) Bedroom Two (4.86m x 2.05m) Bedroom Three (4.36m x 2.83m) Bathroom (4.82m x 1.63m) Hallway (3.23m x 2.66m)
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 24 Ridgeway, Durham
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