2-bedroom terraced house · DH2 1ED
Listing removedListed 67 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Orrock Property is delighted to offer this well-presented two-bedroom terraced property, situated in the popular village of Pelton, conveniently located close to Chester-le-Street and a range of local amenities.
Internal: The ground floor accommodation opens into a well proportioned living room, featuring a character fireplace and beautiful arched feature walls to either side, adding charm and character.
To the rear is a spacious kitchen, complete with a double oven & hob. The kitchen opens directly onto well kept rear yard.
Upstairs, the first floor landing provides access to two good sized bedrooms and the family bathroom.
External: Externally, the property benefits from a private, enclosed rear yard with gated access and built-in wooden seating, providing a low maintenance and practical outdoor space.
The location: Situated on Orchard Street in the established village of Pelton, the property is ideally positioned for convenient access to everyday amenities.
Pelton offers a range of local shops and community facilities, while Pelton Community Primary School is also located within the village, making the area a convenient choice for families.
Chester-le-Street is approximately two miles away and provides a much wider selection of shops, supermarkets, restaurants and leisure facilities.
The property's location also makes it well placed for those commuting throughout County Durham and the wider North East, with Newcastle, Gateshead, Sunderland and Durham all within convenient travelling distance.
Transport links: Chester-le-Street railway station is approximately 1.7 miles away, providing rail connections across the region and beyond.
The property is also well served by local bus routes, with road links providing convenient access to Chester-le-Street and the wider North East.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Orchard Street, Pelton, Durham
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