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See how verdicts work4-bedroom detached house · DH3 4LP
No longer listedReduced £10k (−2.9%) on 21 JunListed 278 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Keyhole Residential are delighted to welcome to the sale market this impressive and recently extended four bedroom detached home situated in the sought-after location of Balmoral, Great Lumley, Chester-Le-Street.
This outstanding home offers a modern and popular open plan living downstairs, spacious rooms to the upper level, an outstanding landscaped rear garden with built in hot tub, and with the added benefit of having being recently refurbished which included; a new central heating system, a re-wire, double glazing, along with a stylish kitchen and modern bathrooms.
Benefitting from a utility room and a garage with multiple car driveway this home will not fail to impress.
Without doubt the largest selling point of this excellent property is the impressive finish which the current owners have undertaken.
This is without doubt a turn key property in every sense of the word and viewing comes highly recommended.
Located in the heart of Lumley village, this stylish family home is situated within a five minute walk of local amenities which include the village shop, local public house and restaurant, the highly regarded village school, along with access to the surrounding countryside offering exceptional walks.
The A1 and A19 are a short drive away which makes this ideal for commuting to and from Sunderland, Durham and Newcastle.
Additionally the property is only a few minutes drive from the popular and desirable market town of Chester-le-Street with its railway station on the East Coast main line, linking London and Edinburgh.
Full Description Entrance Porch Fully double glazed, double glazed composite door, feature radiator, feature tiled flooring, stairs to first floor, understairs storage cupboard, door leading to utility room and door leading to lounge.
Lounge Double glazed window, radiator, feature media wall with built in electric fire, herringbone laminate flooring, solid oak feature internal door.
(Room Size: 4.00m x 3.30m) Open Plan Kitchen / Dining Room Kitchen - Stylish fitted wall and base units, Wilson Heart earth stone nordic work surfaces, sink unit with mixer tap, integrated induction hob with extractor hood, integrated electric oven, plumbed for dishwasher, fully tiled walls, feature radiator, ceiling spotlights, herringbone laminate flooring.
Dining Area - Feature centre island with storage, Wilson Heart earth stone nordic work surface, feature radiator, herringbone laminate flooring, double glazed patio doors leading to enclosed rear garden.
(Room Size: 5.40m x 3.40m) Utility Room Plumbed for washing machine, space for dryer, roll top work surface, storage space, door leading into garage, laminate flooring.
First Floor Landing Carpet flooring.
Master Bedroom Two double glazed windows, two radiators, ceiling spotlights, storage cupboard with rail, carpet flooring, loft access - with ladder, light and boarded.
(Room Size: 5.10m x 3.40m) En-Suite Double glazed window, low level WC, wash hand basin in storage unit, feature towel rail radiator, double shower cubicle, fully tiled walls, lvt flooring.
Bedroom Two Double glazed window, radiator, fitted wardrobes, carpet flooring. (Room Size: 4.00m x 3.10m) Bedroom Three Double glazed window, radiator, fitted wardrobes, laminate flooring.
(Room Size: 3.20m x 3.10m) Bedroom Four Double glazed window, radiator, carpet flooring.
(Room Size: 2.90m x 2.20m) Family Bathroom Double glazed window, low level WC, feature hand basin with storage, corner bath, feature radiator, fully tiled walls, lvt flooring.
(Room Size: 2.50m x 2.20m) Rear Garden Landscaped garden, with patio areas with porcelain tiles, built in hot tub, outside tap, lawned garden, side gated access leading to front.
Front Garden Landscaped front garden, with porcelain tiles and Indian sandstone cobbles, feature lighting.
Multiple Car Driveway Attached Garage Large than average l-Shaped garage with electric roller door, power and light. Tenure: Freehold Property EPC Rating: C Council Tax Band: C
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 3, Balmoral, Great Lumley
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