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See how verdicts work2-bedroom terraced house · DH6 2LD
Sold STCListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **extended family home**two bedrooms**walking distance to local schools**potential rental income of 550/600 pcm** Pattinson Estate Agents are delighted to bring to the market this two bed, extended family home, situated on the popular Victoria Street.
Perfectly positioned within close proximity to shops and other amenities, great public transport and major road links via the A1(M).
Also within walking distance to popular local schools and Shotton And District Angling Club Lake, as well a being a short drive to Castle Eden Dene Nature Reserve, Sunderland and Durham City Centre's.
This spacious property has the benefit of being extended and consists:- Entrance/hallway, large lounge, dining room and a fitted kitchen.
To the first floor lies two double bedrooms bedrooms and a three piece bathroom, externally to the rear there is a yard.
Early viewings come highly recommended to appreciate the size and location of this property.
Please call our Houghton branch to arrange a viewing Council Tax Band: A Tenure: Freehold Entance/Hallway Property entrance leading to the hallway, which gives access to the lounge and first floor staircase.
Lounge (7.34m x 4.82m) Large lounge with newly laid carpet flooring, a feature fireplace, two radiators and a double glazed front aspect window.
Inner Hallway (1.59m x 2.23m) A versatile area with carpet flooring and a radiator.
Dining Room (3.91m x 2.57m) The diner has newly laid carpet flooring, a radiator and a double glazed front aspect window. The diner also gives open flow access to the kitchen.
Kitchen (3.92m x 2.01m) The kitchen benefits from a range of upper and lower units with contrasting worksurfaces, a stainless steel sink unit, plumbing for a washing machine and a leisure Range Oven.
Vinyl flooring, Tiled splash back, a double glazed window and an external door leading to the rear Bedroom One (3.64m x 3.71m) Double bedroom with newly laid carpet flooring, a storage cupboard, a radiator and a double glazed front aspect window.
Bedroom Two (3.59m x 3.28m) Double bedroom with newly laid carpet flooring, a radiator and a double glazed front aspect window.
Bathroom (2.49m x 1.39m) Three piece bathroom benefiting from a paneled bath, hand wash basin and WC.
Vinyl flooring, tiled walls, a heated towel rail and a double glazed rear aspect window External Externally to the rear there is a yard.
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 97, Victoria Street, Shotton Colliery
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