2-bedroom house · DH2 1QH
For saleListed 83 days
Opportunity summary
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About
Description Popular estate / corner plot / 2 double bedrooms / chain free - We welcome to the market this amazing investment opportunity which is a semi-detached property on the popular Thorntons Close Estate.
Located at the heart of Pelton Village, the property is conveniently located a short walk from the village's local amenities and the many transport links to Newcastle, Sunderland and Chester-le-Street.
In need of some modernising, the property is to be sold chain free and briefly comprises of an entrance porch, spacious lounge, kitchen and conservatory to the ground floor while the first floor is home to 2 double bedrooms and bathroom.
The front exterior has a garden and a single drive leading to an attached standard sized garage with an up and over door while to the rear is a larger and private garden with a decking area.
Tenure: Freehold Council Tax Band: B EPC Rating: D Room Descriptions Porch Enter via a UPVC front door into and entrance porch with 2 UPVC double glazed windows and laminate flooring.
Access to the lounge. Lounge 16'8 x 12'3 (5.12m x 3.74m) Spacious carpeted lounge with a front-facing UPVC double glazed window.
Electric fireplace, wall mounted radiator, stairs to the first floor and access for the kitchen towards the rear.
Kitchen 8'7 x 12'4 (2.65m x 3.77m) Vinyl flooring, access to a range of base and wall fitted units with work surfaces.
Spaces for a freestanding cooker with overhead fitted extractor, washing machine and fridge/freezer.
Stainless steel sink with mixer tap below a rear-facing UPVC double glazed window looking into the conservatory, access to the conservatory and wall mounted radiator.
Conservatory 9'1 x 8'4 (2.77m x 2.56m) Carpeted, UPVC double glazing to the most part along with double patio doors. Wall mounted electric heater.
First Floor Landing Carpeted landing offering access to 2 double bedrooms, bathroom and loft hatch.
Bedroom One 9'3 x 10'7 (2.83m x 3.26m) Carpeted bedroom with a front-facing UPVC double glazed window, fitted wardrobes and wall mounted radiator.
Bedroom Two 9'4 x 12'4 (2.86m x 3.77m) Carpeted bedroom with a rear-facing UPVC double glazed window, built-in cupboard and wall mounted radiator.
Bathroom 4'3 x 8'1 (1.31m x 2.46m) Vinyl flooring along with a full-height tiled splashback throughout. Access to a toilet, wash basin and bath.
Side-facing UPVC double glazed window and wall mounted heated towel rail.
Exterior To the front is an open garden with a drive leading to an attached garage with an up and over door and accommodates for a freestanding boiler, while to the rear is a larger private garden with decking to the side and rear access to the garage.
Value & comps
No previous sales on record.
Returns
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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 190 Thorntons Close, Chester Le Street
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