2-bedroom house · SR8 1DT
Listing removedListed 175 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Pattinson Estate Agents are pleased to present to the sales market this well-proportioned two-bedroom semi-detached home, offered with no onward chain and ideally situated in a popular central Peterlee location, making it a fantastic opportunity for first-time buyers, investors, or those looking to downsize.
Internally, the property offers generous and versatile living accommodation throughout.
There are two spacious double bedrooms, both well-presented and suitable for family living, guest accommodation, or home working needs.
The home features a modern, well-appointed bathroom finished with contemporary fittings, complementing the overall style of the property.
A larger-than-average lounge provides an excellent living space, ideal for relaxing or entertaining, while the kitchen and dining area offers a practical and sociable layout perfect for everyday family life.
In addition, there is a separate utility room providing further convenience and storage.
Externally, the property continues to impress with an attached garage, private driveway providing off-street parking, and a well-maintained rear garden offering outdoor space for leisure and entertaining.
For investors, the property presents a strong opportunity with an achievable rental income of approximately 725 pcm, delivering an estimated annual rental yield of 11.1%, making it a highly attractive buy-to-let prospect.
Early viewing is strongly recommended to fully appreciate the space, location, and potential this fantastic home has to offer. Council Tax Band: A Tenure: Freehold
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
Agent & docs
FAQ
About 49, Thames Road, Peterlee
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