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See how verdicts work2-bedroom house · SR8 3EH
Listing removedReduced £10k (−11.8%) on 21 JunListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away on the well‐regarded Grange Avenue in Easington Village, this charming two‐bedroom end‐terraced home offers a warm welcome from the moment you arrive.
Benefiting from front off‐street parking, the property opens into a bright and inviting hall that sets the tone for the rest of the house.
The living room is a particularly cosy space, centred around an attractive log burner that creates a homely atmosphere throughout the colder months.
To the rear, the spacious kitchen and dining area provides an ideal setting for everyday meals and entertaining alike, with direct access to a useful utility space that adds valuable practicality.
Upstairs, the landing leads to two well‐proportioned double bedrooms, each offering comfortable accommodation and plenty of natural light.
The modern bathroom has been thoughtfully updated and features a generous double shower, giving the home a contemporary feel.
Outside, the rear garden has been designed with low maintenance in mind, offering a peaceful and private area to relax.
A decked seating space sits beneath a stylish pergola, creating a lovely spot for outdoor dining or unwinding on summer evenings.
An outhouse provides additional storage options, while the layout of the garden ensures it can be enjoyed without the need for extensive upkeep.
With its combination of character, modern touches, practical features and a desirable village location, this property presents an appealing opportunity for a range of buyers looking for a ready‐to‐move‐into home in Easington Village.
Hall UPVC Door, stairs leading to the first floor landing, radiator Living Room 3.937m x 3.2766m - 12'11” x 10'9” Double glazed window to the front elevation, radiator, log burner Kitchen/Diner 3.937m x 2.8956m - 12'11” x 9'6” Fitted with a range of wall and base units with complementing work surfaces, splash back tiling, stainless steel sink with drainer and mixer tap, gas hob, electric oven, extractor hood, space for fridge/freezer, space for dishwasher, spotlights to ceiling, radiator, upvc door to the rear garden, double glazed window to the rear elevation Utility 1.1938m x 1.0414m - 3'11” x 3'5” Space for washing machine, double glazed window to the side elevation Landing Loft Access Bedroom One 3.937m x 3.6322m - 12'11” x 11'11” Double glazed window to the front elevation, radiator Bedroom Two 2.9464m x 2.2606m - 9'8” x 7'5” Double glazed window to the rear elevation, radiator Bathroom 1.8542m x 1.9304m - 6'1” x 6'4” Fitted with a 3 piece suite comprising of; Double shower, pedestal wash hand basin, low level w/c, double glazed window to the rear elevation Externally To the Front; Off street parking for 1 car To the Rear; Low maintenance garden with pergola, decked area and outhouse
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 4, Grange Avenue, Peterlee
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