2-bedroom house · SR8 5LG
Listing removedListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well‐presented two‐bedroom mid‐terraced home on Duddon Close in Peterlee is offered to the market with a long‐standing sitting tenant in place, currently paying £450 per calendar month, making it an appealing opportunity for landlords seeking an immediate rental return.
The property enjoys a pleasant position with a front garden laid to lawn, creating an inviting approach and adding to the overall kerb appeal.
Upon entering, you are welcomed into a spacious 15ft living room, a bright and comfortable space featuring an open staircase that leads to the first‐floor landing.
To the rear, the 15ft kitchen and dining area provides generous room for everyday cooking and mealtimes, complemented by a useful storage cupboard and a UPVC door that opens out to the rear yard.
The first floor offers two well‐proportioned double bedrooms, each providing ample space for furnishings, along with a family bathroom that serves the accommodation.
Externally, the rear yard is low‐maintenance and includes two outhouses, ideal for storage or practical use.
Overall, this property represents a solid investment opportunity with a reliable tenant already in situ, spacious interiors, and convenient outdoor areas, all within a popular residential location of Peterlee.
Living Room 4.699m x 4.6482m - 15'5” x 15'3” UPVC Door, double glazed window to the front elevation, 2x radiators, stairs leading to the first floor landing Kitchen/Diner 4.6482m x 2.8956m - 15'3” x 9'6” Fitted with a range of wall and base units with work surfaces, stainless steel sink with drainer and dual tap, space for fridge/freezer, space for cooker, extractor hood, space for washing machine, radiator, storage cupboard, double glazed window to the rear elevation, upvc door to the rear yard Landing Storage cupboard Bedroom One 3.7338m x 3.0734m - 12'3” x 10'1” Double glazed window to the front elevation, radiator, two storage cupboards Bedroom Two 3.8862m x 2.794m - 12'9” x 9'2” Double glazed window to the rear elevation, radiator Bathroom 2.6162m x 1.7272m - 8'7” x 5'8” Fitted with a 3 piece suite comprising of; Bath with overhead shower, pedestal wash hand basin, low level w/c, radiator, double glazed window to the rear elevation Outside To the Front; Laid to lawn garden To the Rear; Yard with two outhouses
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.
Area
Agent & docs
FAQ
About 30, Duddon Close, Peterlee
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