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See how verdicts work2-bedroom semi-detached house · DH2 1RJ
Listing removedReduced £5k (−4.2%) on 21 JunListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Iris Crescent, Ouston, Dh2 1Rj This attractive two bedroom semi detached home provides well maintained and practical living space.
The ground floor offers a bright and inviting reception room with ample space for both lounge and dining areas, as well as a fitted kitchen with direct access to the rear garden.
Upstairs, there are two generously sized bedrooms and a family bathroom.
Externally, the property features a private rear garden and the added benefit of off street parking, completing this appealing home in a desirable residential location.
Ouston is a popular village location offering a range of local amenities including shops, schools, and recreational facilities.
The property is well positioned for access to Chester-le-Street, Newcastle upon Tyne, and Durham, with excellent transport links via the A1(M) and nearby rail connections.
The surrounding countryside and local parks provide attractive outdoor spaces, making the area appealing for families and commuters alike.
The wider region continues to benefit from ongoing regeneration and infrastructure investment, particularly across County Durham and the North East.
Improvements to transport links, local town centre developments, and regional employment initiatives are supporting increased demand for quality housing.
As a result, properties in well-connected village locations such as Ouston present strong rental potential and long-term capital growth prospects, making this home an attractive investment opportunity.
Financial Breakdown Gross Rent: £6,000.00 Net income: £6,000.00 Gross yield: 5% Net yield: 5% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08423
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 4 Iris Crescent, 18 Leftbank, Ouston
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