2-bedroom house · SR8 4QQ
For saleListed 68 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal buy-to-let investment - over 14% yield potential ...
Hunters are pleased to present to the market an exceptional opportunity to acquire this two bedroom mid terrace property positioned within easy reach of the local railway station, wonderful parks and both local schools and shopping facilities.
The accommodation briefly comprises of an entrance hallway, lounge, dining kitchen, first floor shower room W/c and two double bedrooms.
The average rent achieved in the area is £525pcm and the demand for rental properties in the area is high.
For further information with regards to Hunters comprehensive lettings management facilities and viewings please contact your local Hunters office situated in the nearby Peterlee Castle Dene Shopping Centre.
"No Chain" Entrance Hallway Featuring an external double glazed door, stairs to the first floor and a door to the lounge.
Lounge (4.34m x 3.60m into recess (14'2" x 11'9" into rece) The welcoming lounge includes a double glazed window, a radiator, feature fireplace and a useful walk-into storage cupboard.
Dining Kitchen (4.90m x 2.87m (16'0" x 9'4")) Nestled towards the rear of the property, the larger than average dining kitchen features a wealth of wall and floor cabinets with laminated work surfaces integrating a stainless steel sink with mixer tap fitments positioned below a double glazed window overlooking the west facing rear walled courtyard.
Further accompaniments include plumbing for an automatic washing machine, a radiator and an electric hob Landing Offering loft access and access into the two double bedrooms and the shower room W/c.
Master Bedroom (3.83m x 3.64m (12'6" x 11'11")) Located at the front of the property the master bedroom includes a double glazed window, a radiator and a storage cupboard which conceals the gas combination boiler.
Second Bedroom (3.61m x 3.17m (11'10" x 10'4")) Positioned at the rear of the home, the second double bedroom features a double glazed window, a radiator and a storage cupboard.
Shower Room W/C (2.49m x 1.67m (8'2" x 5'5")) Positioned adjacent to the second bedroom at the rear of the property, the room offers a corner shower cubicle complete wit an electric shower, a low level W/c and a pedestal hand wash basin.
Further attributes include a radiator and a frosted double glazed window.
Rear Courtyard At the rear of the property there is a well appointed walled westerly facing courtyard with convenient storage outbuildings, ideal for outdoor enjoyment during the warm summer months.
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 48, Eleventh Street, Peterlee
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